# UK business secretary writes to Poundland owner as administration fears grow

https://mins.news/en/item/119153

- The Guardian, 2026-10-28 13:16 UTC
- Economy
- Original: https://www.theguardian.com/business/2026/oct/28/business-secretary-jonathan-reynolds-poundland-owner-gordon-brothers-administration-fears

> 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.