EconomyPoundland owner took millions while chain was on ‘knife-edge’, MPs say

MPs accused Gordon Brothers of taking millions of pounds from Poundland while the discount retailer was on a “knife-edge.” Poundland’s management will ask the High Court for a two-week extension of creditor protection as it seeks more time to secure a rescue deal. The chain has 600 stores and 12,000 employees in the UK and Ireland.

retailPoundlandGordon Brotherscreditor protection

TThe Guardian★★★☆☆2026-11-11 19:10Original