unprofitable

They say their biggest fear is that the federal government will try to turn them into financial utilities that can’t fire an unprofitable client.

He added: "Our services' aim is to seize the largest possible quantities of contraband and to detain organisers and perpetrators so that this activity is unprofitable and does not pose a risk to civil aviation."

Mr Smith continued that many of Poundland's stores were "unprofitable at their current rents", with the company paying "higher than market rates for a significant number" of its sites.

Pepco said it was effectively offloading an unprofitable part of the business.

Village Roadshow also conceded that its ambitious push into producing independent films and television programs before the pandemic was unprofitable, exacerbating its financial woes.