Rescue deal saves Claire's but 1,000 jobs remain at risk

BBC NewsMonday, September 29, 2025 at 11:44:36 AM
Rescue deal saves Claire's but 1,000 jobs remain at risk
In a significant development, Modella Capital has stepped in to purchase most of Claire's UK, providing a lifeline for the struggling retailer. This deal is crucial as it aims to preserve the brand's presence in the market, although it leaves 1,000 jobs still at risk. The acquisition not only highlights the ongoing challenges in the retail sector but also reflects the potential for recovery and stability in a time of uncertainty.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Biomethane not viable for widespread use in UK home heating, report finds
NegativeWorld Affairs
A recent report reveals that biomethane, a gas derived from farm waste, is unlikely to be a viable solution for home heating in the UK, as it can only meet 18% of the gas demand by 2050. This finding challenges the claims made by fossil fuel lobbyists who advocate for its use as a low-carbon alternative. The research emphasizes the need for a shift towards heat pumps, which are more effective in reducing carbon emissions. This is significant as it highlights the limitations of biomethane and the urgency for sustainable energy solutions.
Biomethane not viable for widespread use in UK home heating, report finds
NegativeWorld Affairs
A recent report reveals that biomethane, a gas derived from farm waste, is unlikely to be a viable solution for home heating in the UK, as it can only meet 18% of the gas demand by 2050. This finding challenges the claims made by fossil fuel lobbyists who advocate for its use as a low-carbon alternative. The research emphasizes the need for a shift towards heat pumps, which are more effective in reducing carbon emissions. This is significant as it highlights the limitations of biomethane and the urgency for sustainable energy solutions.
Blair to help oversee Gaza transition under Trump plan
PositiveWorld Affairs
Former UK Prime Minister Tony Blair has been appointed to oversee the transition in Gaza as part of a new initiative led by Donald Trump, who chairs the newly formed 'Board of Peace.' This development is significant as it highlights international efforts to stabilize the region and suggests a collaborative approach to addressing long-standing conflicts.
Blair to help oversee Gaza transition under Trump plan
PositiveWorld Affairs
Former UK Prime Minister Tony Blair has been appointed to oversee the transition in Gaza as part of a new initiative led by Donald Trump, who chairs the newly formed 'Board of Peace.' This development is significant as it highlights international efforts to stabilize the region and suggests a collaborative approach to addressing long-standing conflicts.
Shabana Mahmood calls Nigel Farage ‘worse than racist’ over ‘dog-whistle politics’
NegativeWorld Affairs
Shabana Mahmood, the Home Secretary, has made strong accusations against Nigel Farage, labeling his political tactics as 'worse than racist' due to their dog-whistle nature. This statement comes in light of recent racial abuse faced by her family, highlighting the ongoing issues of racism and discrimination in the UK. Mahmood's remarks at a Labour conference fringe event underscore the urgent need for political leaders to address and combat such harmful rhetoric, making this a significant moment in the discourse around race and politics.
Shabana Mahmood calls Nigel Farage ‘worse than racist’ over ‘dog-whistle politics’
NegativeWorld Affairs
Shabana Mahmood, the Home Secretary, has made strong accusations against Nigel Farage, labeling his political tactics as 'worse than racist' due to their dog-whistle nature. This statement comes in light of recent racial abuse faced by her family, highlighting the ongoing issues of racism and discrimination in the UK. Mahmood's remarks at a Labour conference fringe event underscore the urgent need for political leaders to address and combat such harmful rhetoric, making this a significant moment in the discourse around race and politics.
Covid school closures in UK damaged ‘very fabric of childhood’
NegativeWorld Affairs
The UK inquiry into the impact of Covid school closures reveals alarming consequences for children, highlighting how the pandemic has disrupted their childhood. Counsel Clair Dobbin KC shared that evidence from thousands of stories indicates many children faced exposure to harmful content and significant emotional distress without the protective environment of schools. This inquiry is crucial as it sheds light on the long-term effects of the pandemic on young people's development and well-being.
Covid school closures in UK damaged ‘very fabric of childhood’
NegativeWorld Affairs
The UK inquiry into the impact of Covid school closures reveals alarming consequences for children, highlighting how the pandemic has disrupted their childhood. Counsel Clair Dobbin KC shared that evidence from thousands of stories indicates many children faced exposure to harmful content and significant emotional distress without the protective environment of schools. This inquiry is crucial as it sheds light on the long-term effects of the pandemic on young people's development and well-being.
George Galloway speaks out about UK detention upon return from Russia
NegativeWorld Affairs
George Galloway, the veteran politician, recently returned from Russia only to be briefly detained at Gatwick Airport under the Terrorism Act. This incident raises significant concerns about civil liberties and the treatment of individuals upon re-entering the UK, especially for those with controversial political views. Galloway's experience highlights ongoing tensions surrounding national security and individual rights, making it a noteworthy event in the current political landscape.
George Galloway speaks out about UK detention upon return from Russia
NegativeWorld Affairs
George Galloway, the veteran politician, recently returned from Russia only to be briefly detained at Gatwick Airport under the Terrorism Act. This incident raises significant concerns about civil liberties and the treatment of individuals upon re-entering the UK, especially for those with controversial political views. Galloway's experience highlights ongoing tensions surrounding national security and individual rights, making it a noteworthy event in the current political landscape.
Mahmood demands migrants earn right to settlement in UK
NeutralWorld Affairs
UK Minister Mahmood has proposed new requirements for migrants seeking settlement in the UK, emphasizing the need for high English proficiency, payment of National Insurance, and a commitment to not claiming benefits. This initiative aims to ensure that migrants contribute positively to society, which could lead to a more integrated community. It matters because it reflects the government's stance on immigration and the expectations placed on newcomers.
Mahmood demands migrants earn right to settlement in UK
NeutralWorld Affairs
UK Minister Mahmood has proposed new requirements for migrants seeking settlement in the UK, emphasizing the need for high English proficiency, payment of National Insurance, and a commitment to not claiming benefits. This initiative aims to ensure that migrants contribute positively to society, which could lead to a more integrated community. It matters because it reflects the government's stance on immigration and the expectations placed on newcomers.
Latest from World Affairs
Afghanistan sees telecom shutdown as Taliban cut off internet
NegativeWorld Affairs
Afghanistan is facing a nationwide telecom shutdown as the Taliban has cut off internet and phone links by severing fibre-optic connections. This disruption is significant as it affects communication and access to information for millions of people, highlighting the challenges faced by the country under Taliban rule.
French Inflation Picks Up Pace as ECB Looks Likely to Keep Rates in Place
NegativeWorld Affairs
France is experiencing a rise in annual inflation as summer ends, a trend that mirrors similar increases in Spain and Belgium. This uptick in inflation is significant as it may influence the European Central Bank's decisions regarding interest rates, potentially affecting economic stability across the region.
Racial tensions fuelled by housing shortage, says minister
NegativeWorld Affairs
Gordon Lyons, a minister, has acknowledged the rising racial tensions linked to the ongoing housing shortage. He expressed understanding of the concerns people have regarding this issue, highlighting the urgency of addressing both housing availability and the social implications it carries. This situation matters because it not only affects individuals seeking homes but also has broader societal impacts, potentially leading to increased division and unrest.
Netanyahu warns Israel will ‘finish the job’ in Gaza if Hamas rejects Trump peace plan – Middle East crisis live
NeutralWorld Affairs
Israeli Prime Minister Benjamin Netanyahu has issued a stern warning that Israel will continue its military operations in Gaza if Hamas does not accept the peace plan proposed by former President Trump. This plan aims to bring an end to the ongoing conflict that has persisted for nearly two years. The situation remains tense as Qatari and Egyptian mediators have engaged with Hamas, but their response to the peace proposal is still unclear. This development is crucial as it could determine the future of peace in the region and the humanitarian situation in Gaza.
Russian drone strike kills family of four in Ukraine's Sumy region
NegativeWorld Affairs
A tragic drone strike in Ukraine's Sumy region has resulted in the deaths of a family of four, including two young children. This incident highlights the ongoing violence and humanitarian crisis in the region, as tensions between Russia and Ukraine continue to escalate. The attack comes amid reports from Moscow claiming to have thwarted a significant Ukrainian drone assault in Volgograd, underscoring the complex and dangerous situation in the area.
Australia news live: Michele Bullock says ‘nothing I can do personally’ about house prices as RBA holds interest rate at 3.6%
NeutralWorld Affairs
In a recent update, Michele Bullock, the Governor of the Reserve Bank of Australia (RBA), stated that there is little she can do personally to influence house prices as the RBA maintains the interest rate at 3.6%. This news is significant as it highlights the ongoing challenges in the housing market and the limitations of monetary policy in addressing affordability issues. Additionally, there are calls for more accountability from corporate leaders, such as the CEO of Optus, indicating a broader conversation about corporate responsibility in Australia.