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Why Poundland is struggling during a cost-of-living-crisis
Emma 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……
Chipmaker CXMT becomes mainland Chinas most valuable listed firm
Shares in China’s biggest memory chip maker have surged by more than 470% as they made their debut on the Shanghai Stock Exchange’s tech-heavy STAR Market. The surge has pushed CXMT’s stock market valuation to around 3.3 trillion yuan ($487.3bn; £364.9bn), making it the most valuable listed company in mainland China. The spectacular debut comes…
Heathrow scraps 100ml liquid container limit
Katy AustinTransport correspondent Getty Images The switch to CT scanners means clear transparent bags are no longer needed at the airport Passengers at Britain’s biggest airport, Heathrow, can leave liquids in containers up to two litres in their bags while going through security, after it finally completed the rollout of new high-tech CT scanners. Electronics…
