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EconomyPoundland on brink of administration, putting 12,000 jobs at risk

Poundland owner Gordon Brothers has filed a notice of intention to appoint administrators, putting up to 12,000 jobs in the UK and Ireland at risk. It rejected a management-backed rescue bid, and the court is expected to approve the measure, which gives the company time to seek a solution while creditors are held off.

Poundlandretailadministrationjobs

TThe Guardian★★★☆☆2026-10-29 10:56Original

Poundland on brink of administration, putting 12,000 jobs at risk
Poundland on brink of administration, putting 12,000 jobs at riskEconomy