CapVest Eyes Italian Market in Private Equity Rush

London-based buyout firm CapVest is expanding into Italy, capitalising on a surge in private equity activity across Europe. This strategic move highlights growing investor interest in Italian assets amid competitive market conditions.

Poundland Shuts 149 Stores, Cuts 2,200 Jobs

Poundland has closed 149 stores and cut 2,200 jobs as part of a major restructuring after a £51m pre-tax loss in 2024, refocusing on £1 items and relaunching Pep & Co clothing.

IG Group Backs Reeves on Cash ISA Reforms

London-listed trading platform IG Group supports Rachel Reeves's cash ISA curbs, arguing they've become too popular despite poor returns and limited economic benefit.

Business Leaders Slam Audit Reform U-Turn

Institute of Directors and Chartered Institute of Internal Auditors join criticism as government scraps Audit Reform Bill, prioritising FRC over new regulator ARGA.

DWP £50 Fine Warning: 20 Changes to Report

The Department for Work and Pensions warns Universal Credit claimants about £50 fines for failing to report 20 key changes in circumstances, with penalties for non-compliance.

Prue Leith Retires from Bake Off at 86

Prue Leith steps down from The Great British Bake Off at 86, igniting a conversation about age, work, and the value of experience in modern Britain.

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