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Why Poundland is struggling during a cost-of-living-crisis
Posted onEmma SimpsonBusiness correspondent BBC The residents of Peckham in south London have just lost their Poundland store, which closed this week after 11 years of trading. “Everyone comes in here, it’s very cheap. I buy stuff for my kids, snacks, toiletries,” says passing shopper Becky Cullen, staring at the empty shop. “It was always busy……
Toy sellers keep close watch on under 16s social media ban
Posted onKevin PeacheyCost of living correspondent Getty Images The link between toys and sports has proved successful for the sector UK toy sales have risen for the first time in five years, but sellers are braced for the potential impact of any social media ban for under-16s. The value of toy sales rose by 6% last…
Google may be forced to make changes to search engine in UK
Posted onGoogle may have to make changes in the UK so people have more choice over which search engine they use, following a landmark decision from the regulator. The Competition and Markets Authority (CMA) has designated Google with “strategic market status” under a law which came into force in January. The decision does not mean the…
