Pepco Group, which has owned Poundland since 2016, said it has completed the sale of the business for a ‘nominal’ fee.

ONS director of economic statistics Liz McKeown said: “After increasing for each of the four preceding months, April saw the largest monthly fall on record in goods exports to the US with decreases ...

Iran and the US will hold a sixth round of negotiations over Tehran’s rapidly advancing nuclear programme this Sunday in Oman, the sultanate’s foreign minister has said.

The UK’s largest supermarket chain said it has increased its market share further after investing more in pricing to bring in more customers.