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      Poundland owners face grilling from MPs as discount retailer veers towards collapse

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By: Catherine Neilan

Catherine Neilan is head of politics and investigations at City A.M.

All 3340 Articles
  • BT sets date for shareholder vote on EE deal as board member stands down

    April 1, 2015

    The date has been set for BT shareholders to approve the £12.5bn acquisition of mobile network EE.  Shareholders are being invited to a general meeting at Old Billingsgate on April 30, at 10am. Circulars are currently being sent out to relevant parties.    Proxy forms are due by April 28 for those not attending the [...]

  • More than 2,000 people evacuated after electrical fire breaks out in Kingsway, Holborn

    April 1, 2015

    More than 2,000 people have been evacuated from offices near Holborn after a cable fire erupted under the pavement on Kingsway.  Around 70 firefighters have attended the electrical fire which forced the cancellation of a number of West End shows. Police have declared it "a major incident". Kingsway has been closed at both ends and [...]

  • Afren share price spikes as oil firm pledges to reveal new chief executive “imminently”

    April 1, 2015

    Afren will reveal the name of its future chief executive along with its full-year results "imminently" – as soon as it has ink a deal with its bondholders, the troubled oil explorer said today.  The firm is still trying to hammer out a deal with investors for $200m-worth (£135m) of interim funding in the form [...]

  • Bicester Village fire: Several stores still shut hours after blaze

    April 1, 2015

    Shopping outlet Bicester Village was evacuated and stores shut today after a fire broke out earlier this morning.  Seven fire crew were sent into the Oxfordshire designer discount centre, which is popular with tourists, locals and the Middleton sisters.    The blaze started at Carluccio's restaurant at 8:30 this morning, but was put out by [...]

  • Gatwick and Heathrow get eggstremely eggcited about Easter as both airports forecast record traveller numbers

    April 1, 2015

    Eggcited about going away this weekend? You're not the only one.    Gatwick and Heathrow are both eggspecting to welcome a record number of travellers looking to get away for the bank holiday weekend.    Heathow claims more than 800,000 passengers will use the west London airport between April 3 and 6, “shattering” the previous [...]

  • Tesco opens second hot food store format in Villiers Street, Embankment

    March 31, 2015

    Tesco may be on course to shut down 43 underperforming stores as new management tries to get the business back on track, but it's not standing still when it comes to opening its new food format stores.    The troubled supermarket opened its second store – which serves hot food for breakfast, lunch and dinner, as well [...]

  • Social media firm Sprinklr just became the latest $1bn startup

    March 31, 2015

    New York-based marketing group Sprinklr just became the lastest billion-dollar tech startup. The social media platform today revealed it had raised $46m (£30.1m) in its latest round of funding from “our family of investors”, valuing it at more than $1bn.    Sprinklr, which employs 700 people, offers a host of tools for businesses to manage [...]

  • Gunmen take Turkish prosecutor Mehmet Selim Kiraz hostage over 2013 death of teenager Berkin Elvan

    March 31, 2015

    A Turkish prosecutor has been left fighting for his life after a far-left Turkish group took him hostage and threatened to kill him over the handling of an investigation into the death of a teenager in 2013.   Two of his captors were killed when security forces stormed the offices of Mehmet Selim Kiraz earlier [...]

  • Turkey rocked by hostage situation and day-long power cut, Prime Minister Ahmet Davutoglu unable to rule out terrorism as cause

    March 31, 2015

    Turkish markets and its currency were down today as the country suffered a huge power black out lasting several hours, causing widespread disruption. There was chaos in Istanbul, where the transport system was down, while homes and offices across the city of 14m people had no electricity. By this afternoon power was getting to just [...]

  • Carsten Höller’s helter-skelter slides are coming back to London – and this time you can slide on them at South Bank’s Hayward Gallery

    March 31, 2015

    Get ready for some artistic hijinks at the South Bank's Hayward Gallery, because Carsten Höller is back, and he is bringing his slides with him.    The modern artist is probably most famous in London for his installation at the Tate Modern, in which children and grown ups alike could slide down a 56-metre long [...]

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