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

https://mins.news/en/item/120613

- The Guardian, 2026-10-29 10:56 UTC
- Economy
- Original: https://www.theguardian.com/business/2026/oct/29/poundland-brink-administration-12000-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.