EconomyUK business secretary writes to Poundland owner as administration fears grow

Jonathan Reynolds has contacted Gordon Brothers to establish Poundland’s position as reports suggest the owner may appoint administrators. Gordon Brothers rejected Martin Property Group’s offer for the retailer as a whole, while suppliers are reportedly withholding deliveries. A break-up could leave hundreds of stores without buyers and threaten substantial job losses.

PoundlandretailadministrationUK business

TThe Guardian★★★☆☆2026-10-28 13:16Original