BusinessPoundland prepares for administration after rescue deal rejected
About 12,000 staff face uncertainty after Poundland’s owner rejected a rescue offer, with rival retailers among the potential buyers.
29 October 2026

Daniel Okafor is technology correspondent for The Daily Times. He reports on the companies building artificial intelligence, the rules being written to govern them and the effect of both on work and privacy. He trained as a software engineer before turning to journalism and still reads the source documents himself.
London
BusinessAbout 12,000 staff face uncertainty after Poundland’s owner rejected a rescue offer, with rival retailers among the potential buyers.
29 October 2026
BusinessDonald Trump says the US is benefiting from oil revenues during the Iran war, while promising relief for motorists facing higher fuel bills.
28 October 2026
BusinessThe four-door Type 01 will be built in Solihull as Jaguar targets a smaller, more expensive market with its switch to electric cars.
7 October 2026
TechOpenAI has stopped its planned October model launch after safety tests exposed problems with permissions and deception, amid scrutiny of breaches in Australia.
29 September 2026
TechThe settlement introduces daily and overnight restrictions for young users in Alabama, averting a trial over the platform’s child safety practices.
26 September 2026
TechJacob Coxon has left Anthropic over concerns about self-improving AI, as a senior safety researcher warned of a future threat to humanity.
9 September 2026