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Poundland in rescue talks as owners seek buyer

Retail chain Poundland is in talks with potential buyers as it seeks a rescue deal, it has confirmed.

Executives are working with an Irish property development group on a management buyout, as first reported by Sky News, external.

But a union representing shopworkers warned that the retailer could fall into administration if that deal falls through, putting thousands of jobs at risk.

This outcome would be “a disaster for our members”, the Usdaw union said.

Poundland has about 600 stores in the UK and Ireland, and 12,000 employees.

The chain has been struggling for a number of years due to pressures including rising costs and competition.

However, it expects sales to have grown more than 3% in 2026 compared with the previous year, which managing director Barry Williams said earlier this month was evidence that its recovery plan “is working”.

The retailer was sold for £1 last summer by previous owner Pepco to US investment firm Gordon Brothers.

The current owners are in the process of seeking buyers, with the Poundland management attempting a buyout, a spokesman said.

Mr Williams, along with the firm’s leadership team and Andy Bond, a former chairman of Pepco, have been working with Irish real estate firm Martin Property Group on a management buyout.

Martin Property Group is the management team’s “preferred partner”, the spokesman said, but the team will “work with whoever can deliver the best result for the business, colleagues and suppliers and build on the successful recovery that’s already taking shape,” he added.

However, Bally Auluk, a national officer at Usdaw, said there are “deep concerns that the business could go into administration” should this buyout fail.

“We are aware that a management buy-out has been attempted and we are told that their offers are being turned down,” he added.

A Poundland source disputed this, however, saying the Martin Property Group is part of the sale process and remains the management team’s preferred partner.

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Gaza mothers seek breastfeeding support amid hunger and siege | Education

Palestinian mothers are finding it increasingly difficult to breastfeed their babies in Gaza. After three years of Israel’s genocidal war, women suffer malnutrition, displacement and poor healthcare, yet still strive to nourish their infants.

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Southern Democrats see hope for first time in years, seek to build on discontent of midterm voters

People crowded shoulder to shoulder upstairs in a south Alabama coffee shop, in a region sometimes called the reddest in the heavily conservative state.

They were there to hear Doug Jones, the Democratic nominee for governor and the last Democrat to hold statewide office in Alabama.

“Alabama has been under Republican control for almost two decades. We’re not getting any better,” said Jeff Scroggins, 61, a government contractor from Slocomb who was part of the crowd that came to Mural City Coffee Company and said he is voting for the Democrat.

Scroggins, who usually votes Democratic, called himself the “black sheep of the family” in supporting Jones this fall against Republican U.S. Sen. Tommy Tuberville, but said there are more Democrats and “stubborn independents” in the state than people realize.

Jones and other Democrats running in Alabama and neighboring states are banking on it.

“People want change,” Jones said after an hour of talking with people who came to see him. “That is the real key. People are not satisfied with their government of Alabama.”

Democrats sense a shift among voters

Deep South Democrats, largely absent from statewide offices, are aiming for a comeback this year. They are seeking to mobilize Black voters who are angered about the Republican moves to dismantle minority congressional districts, as well as voters who are frustrated with high gas prices, the Iran war, data centers and other issues.

Jones is trying to win a rematch with Tuberville after the Republican ousted him in a 2020 Senate race. Jones would be the first Democrat since 1998 to win an Alabama governor’s race.

In Mississippi, prosecutor Scott Colom is trying to unseat Republican Cindy Hyde-Smith and become the state’s first newly elected U.S. senator since 1946. In Georgia, former Atlanta Mayor Keisha Lance Bottoms is trying to reverse a losing streak in races for governor that began for Democrats in 2002. Elsewhere, Democrats are trying to pull off U.S. Senate upsets in Louisiana and South Carolina.

In Alabama, Jones’ town halls have attracted hopeful Democrats, some independents and even a few Republicans. Their concerns mirror those of voters nationwide: the rising cost of living, worries over data centers and the affordability of healthcare, issues they say have gone unaddressed by the Republicans who control the state.

Some said state policies, including an abortion ban that makes no exemption for rape, have been too extreme. Others said some comments by Tuberville, such as calling Islam “a cult,” are embarrassing to the state.

Still, the math across the Deep South has been difficult for Democrats. Other than Jones’ victory in the special U.S. Senate election, the last Democrat holding statewide office in Alabama was defeated in 2012. Statewide Democratic candidates have hit a ceiling of around 40% of the vote in recent elections.

The results are similar in most other Deep South states. In Georgia, U.S. Sens. Raphael Warnock and Jon Ossoff, who is seeking reelection this year, offer a bright spot for Democrats.

Jones noted that Alabama saw a surge in the number of people voting in the Democratic primary. While about 58% of primary voters were Republican, the Democratic primary vote doubled since 2022. Some counties, including a tech hub in north Alabama, saw more Democratic votes than Republican.

Optimistic about their chances, Democrats are running candidates in all major state races for the first time in years.

“The numbers are there,” Jones said. “It’s a question of getting those voters out.”

Republican gerrymandering creates a backlash

In nearby Troy, a crowd gathered on the campus of Troy University to hear Jones speak alongside Shomari Figures, one of Alabama’s two Black U.S. House members. The district was substantially redrawn by Republicans after the U.S. Supreme Court earlier this year gutted the Voting Rights Act.

Figures said there is an excitement he has not felt since Jones’ 2017 Senate victory. Figures won election two years ago after a federal court ruled that Alabama had been illegally diluting the voting power of Black Alabamians and ordered new district lines. The Supreme Court’s reversal this year allowed state Republicans to reshape the district and substantially reduce the percentage of Black voters who align with Democrats.

Figures said the goal of the redraw was obvious: to reduce Black representation.

“But we are going to win it in November,” he said.

Figures has often emphasized the economic needs of the district at a time when affordability is one of the main topics of the midterms. He noted that the individual median income in Alabama is $34,000.

“Let that sink in — $34,000 before taxes, before rent, before water, before lights, before gas, before cellphone, before health insurance, before car insurance, before childcare, before food,” he said.

Alabama is one of 10 states that did not expand Medicaid under the Affordable Care Act, a decision that Jones and Figures said leaves thousands of working people without access to healthcare coverage.

Figures faces Trump-endorsed Republican Rhett Marques, a state lawmaker. Marques framed the race as “common sense” versus “craziness.” Both have raised about $1.3 million so far.

In Mississippi, Colom looks to make history

Colom echoes many of Jones’ and Figures’ arguments in his bid against Hyde-Smith.

“We’ve been gifted an opportunity,” he said, pointing to Mississippi’s large base of Black Democratic voters, Hyde-Smith’s relatively low profile in her first full Senate term and voters’ frustrations over the economy.

With the largest share of Black voters of any state, Mississippi’s general elections have been closer for years than its immediate Southern neighbors. Trump won by double digits in each of his three presidential contests, but in 2023 Republican Gov. Tate Reeves managed to win reelection by a margin of just 3 percentage points.

Colom insists he can close the gap by increasing Black turnout and peeling off enough disenchanted white voters from Republicans. It is the same kind of electoral math that propelled Ossoff and Warnock in Georgia.

“For me, it can’t be just about getting a Senate majority,” Colom said. “It’s got to be about having a party that represents rural America again, suburban America, urban America — a party that makes sure we actually deliver for voters in ways that make their lives better, and we don’t come up with excuses as to why we can’t do it.”

Republicans say they aren’t worried

Alabama’s Republican Party chairman, Scott Stadthagen, said Democratic priorities, in his opinion, “are far outside the views of conservative Alabamians.” He said there has been previous chatter of a Democratic resurgence, and “each election cycle, we remain the brightest red state in the decidedly conservative southeastern United States.”

Tuberville has declined Jones’ challenge to debate. Expressing confidence about November, Tuberville said he is running “against an ideology that’s not very compatible with the people of Alabama.” He will appear with Trump at a rally in Mobile next week.

“I’ve been representing Alabama for six years, and we’ll turn it over to the voters here in about six, seven weeks and see what they say,” Tuberville told reporters.

As the November election draws closer, Democratic candidates are attracting impressive crowds.

To Sam Phillips, who attended the rallies in Dothan and Troy, the crowds and energy felt different from previous election years.

“It doesn’t get any redder than here, and there was a whole lot of excitement in both places,” the 67-year-old said. “So I feel optimistic.”

Gwendolyn Davis, a 67-year-old retired special education teacher, left the town hall in Troy with an armful of yard signs for Figures and Jones. She said she is determined to reach people who have been sitting out elections.

“If we don’t get people out to vote, it will be kind of heartbreaking,” she said.

Chandler and Barrow write for the Associated Press. Barrow reported from Atlanta.

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US-China trade truce extended as both sides seek progress on tariffs and trade

China said on Monday that a two-month extension of its trade truce with the United States would give both sides more time to assess the implementation of their existing arrangements and discuss further steps to resolve economic and trade disputes.

China’s Commerce Ministry confirmed that the truce would remain in place through January 10, saying the extension would provide a “relatively stable and predictable policy environment” for businesses and allow the two countries to continue their talks.

The extension was among the main outcomes of a summit between Chinese President Xi Jinping and US President Donald Trump in Washington last week, their second meeting this year.

Background

The United States and China have spent years imposing tariffs and other trade restrictions on each other, with tensions extending beyond tariffs to technology, investment, supply chains and market access.

Stay ahead of the geopolitical week.

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The latest extension follows an agreement by the two sides to establish a trade council that will oversee discussions on a range of economic issues.

One of its first tasks will be to discuss reciprocal tariff reductions covering about $30 billion worth of goods, with the aim of maintaining more stable economic and trade relations between the two countries.

China’s Commerce Ministry said the arrangement would also create better conditions for Chinese exporters seeking access to the US market.

The two sides will hold regular discussions on investment opportunities and barriers, policy transparency and predictability, and concerns raised by businesses.

Why it matters

The extension gives US and Chinese companies more time to operate under a relatively predictable trade environment while negotiators work through remaining disputes.

Agriculture is one of the main areas covered by the latest arrangements. A White House list showed that China plans to reduce tariffs on a range of US agricultural products, including corn, wheat, dairy products and meat, although soybeans were not included.

The proposed cuts appear linked to a US-stated Chinese commitment to purchase $17 billion worth of agricultural products. China has already resumed large-scale purchases of US soybeans under an agreement reached last year that called for annual purchases of 25 million metric tons.

The countries will also establish an agriculture working group under the new trade council, with its first meeting expected before the end of the year.

Energy trade is another part of the agreement. China will import 10 million metric tons of US coal annually in 2027 and 2028, according to the White House. That would account for about 2% of China’s annual coal imports. US liquefied natural gas and oil were not included in the list.

The arrangements extend beyond traditional trade. The two countries have agreed to establish a communication channel for artificial intelligence related incidents and hold another dialogue by the end of November.

China will also consider approving foreign financial institutions, including US backed firms, to operate and open branches in the country. Washington and Beijing will meanwhile continue discussions on increasing direct flights between the two countries.

What’s next

The immediate focus will be on implementing the agreements reached at the presidential summit.

The agriculture working group is expected to meet before the end of the year, while the AI dialogue is due to continue by the end of November. The two countries will also use the new trade council to discuss tariffs, investment, market access and regulatory concerns.

The extension runs until January 10, giving negotiators another two months to evaluate whether the existing arrangements are being implemented and determine what further agreements can be reached.

Whether the two sides can turn the temporary truce into longer-term trade arrangements will depend on progress across the different areas covered by their negotiations, including tariffs, agricultural purchases, investment and technology.

With information from Reuters,

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Justin Herbert, Mike McDaniel and Chargers seek urgent reset

Mike McDaniel isn’t panicking.

But the Chargers’ new offensive coordinator knows his unit must show urgency and improvement Sunday against the Las Vegas Raiders after a rude wake-up call in the season opener.

“You have a lot of visions coming to a new team and working on something for months. The vision never looked like that,” McDaniel said of the Chargers’ 26-14 loss to the Arizona Cardinals. “That’s the beautiful thing about football; like life, time spent forecasting [and] visualizing things going a certain way … no one cares about that.

“So, it was a case of humble pie.”

Quarterback Justin Herbert never looked fully comfortable. He completed 17 of 27 passes with 207 yards, one touchdown and one back-breaking interception.

The time-of-possession disparity also played a big role in the loss, with the Cardinals controlling the ball roughly 15 minutes longer.

Herbert knows that can’t happen again.

“It’s another opportunity for us to go play football, to be better, and to put our brand of work out there,” Herbert said. “I don’t think we were happy or content with [the] Week 1 effort. So, we’re doing everything we can to fix it and be better.”

Facing a Maxx Crosby-led Raiders defense that held McDaniel’s former team, the Miami Dolphins, to 13 points in Week 1, the Chargers are focusing on often-overlooked aspects, such as understanding assignments, communicating more clearly, cleaning up penalties and operating as a collective.

“These are elementary things,” McDaniel said.

Chargers quarterback Justin Herbert celebrates with coach Jim Harbaugh, center, and Mike McDaniel after a touchdown.

Chargers quarterback Justin Herbert celebrates with coach Jim Harbaugh, center, and offensive coordinator Mike McDaniel after a touchdown against the Cardinals on Sept. 13.

(Harry How / Getty Images)

The offense will need more production from several players, especially if wideout Ladd McConkey, who is questionable to play with a rib injury, is unavailable.

Wide receivers Quentin Johnston and Tre’ Harris, who each saw six targets in Week 1, should see increased involvement, as should speedy rookie Brenen Thompson.

“He’s been really good,” coach Jim Harbaugh said of Thompson. “Great opportunity for him [and a] great challenge.”

Tight end Oronde Gadsden II is another player who could play a key role in a revitalized passing attack.

“I would expect [Gadsden] to be more involved outside of an unforeseen situation where the game and the parameters with which you’re playing change, in which case we’ll address that,” McDaniel said.

Perhaps the most important player to watch Sunday will be Omarion Hampton. The second-year running back had just 12 carries for 43 yards and one touchdown while also losing a fumble against the Cardinals.

“Really just flush [Week 1],” Hampton said about the Chargers’ approach to facing the Raiders. “[And] look at all the stuff we can work on. Come back, regroup as a team, talk about what we need to do to move forward and make it not happen again.

“We all think the same thing … urgent to get how we want to play. That’s really the main thing going on in the locker room.”

Changes also will be apparent on the offensive line.

Trey Pipkins III (knee) won’t play against the Raiders, ending the rotation at left guard, at least for now. And while the team would rather be at full strength, Kayode Awosika — who played well against the Cardinals — will get a chance to prove himself without sharing snaps.

Nonetheless, as McDaniel emphasized, talk of expectations and adjustments don’t matter — it’s what shows up on film that does.

Good thing the Chargers’ new play-caller craves adversity.

“It’s been my favorite week of my employment here,” McDaniel said. “Because — I know [through] my experience in this league — do not measure anything beyond how a group of people handles adversity in the National Football League.

“It’s not if, it’s when.”

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