City snapshot: Poundland owner Pepco to float in Poland

Poundland owner Pepco has this morning confirmed its intention to float on the Warsaw Stock Exchange in Poland. Plus, former Post Office head Paula Vennells resigns from Morrisons’ board; Tate & Lyle confirms it is exploring breaking up the group; recipe box provider Gousto turns a profit for the first time and Nestlé in discussions to acquire The Bountiful Company.