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Poundland’s US owner says retailer remains ‘vulnerable’, after talks with ministers

Gordon Brothers still in ‘active discussions’ with interested parties and seeking to ‘protect as many jobs as possible’ The US owner of Poundland has said the high street chain remains “challenged and vulnerable” after holding talks with ministers amid government criticism of its handling of the retailer. Gordon Brothers said in a statement on Thursday morning that it was still in “active…

Poundland’s US owner says retailer remains ‘vulnerable’, after talks with ministers

We haven't written up this one. Guardian Business has the full story — the link below goes straight to it.

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“Data is the collateral”: Sparkle CEO Uzoma Dozie on fixing Nigeria’s SME lending blind spot

Uzoma Dozie, CEO of Sparkle MFB, says Nigerian banks must rethink collateral requirements and use transaction data and AI to expand lending to small businesses, lower borrowing costs, and improve…

  • African banking industry trapped in collateral trap, hindering SME lending
  • Sparkle CEO Uzoma Dozie advocates for AI to reduce SME lending costs
  • Digital data as collateral, redefining credit decisions for small businesses

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