EconomyMPs urge government to protect Poundland from ‘predatory capitalism’

Poundland and its 12,000 employees face an uncertain future after US owner Gordon Brothers stopped funding the retailer and did not accept buyout offers. MPs urged the government to guard against asset-stripping. Ministers say they are pressing Gordon Brothers to accept a viable bid, while stressing they cannot intervene in commercial negotiations.

Poundlandretailjobscorporate restructuring

TThe Guardian★★★☆☆2026-11-03 17:29Original