Thousands of jobs at Poundland may be at risk as the struggling brand, which operates 850 stores and employs over 16,000 staff, considers a rescue deal that could involve closing hundreds of locations. Its parent company, Pepco, is exploring strategic options to separate Poundland from the group, focusing on its more profitable Pepco brand, with potential bids from entities like Gordon Brothers and Modella Capital. The challenging UK retail environment has led to a significant decline in Poundland’s revenues, prompting the need for urgent restructuring.
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Hackers ‘break into’ Iranian TV after country’s Supreme Leader threatens ‘all out war’ with US
Pro-Israel hackers reportedly infiltrated Iranian state TV, broadcasting calls for an uprising against Supreme Leader Ayatollah Khamenei and showcasing footage from the ‘Woman, Life, Freedom’ protests spurred by Mahsa Amini's death in 2022. Iran attributed the cyberattack to Israel amid ongoing internet restrictions and military tensions, with Khamenei vowing that Iran would never surrender. Need More Context? 🔎
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