Business secretary writes to Poundland owner as administration fears build

October 28, 2026 · 1:16 pm 2 sources

Image: The Guardian

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Wires & papers of record

• Business secretary writes to Poundland owner as administration fears build
  The Guardian · October 28, 2026 13:16
  Jonathan Reynolds has written to Gordon Brothers, which bought retailer for £1 last summer, to ‘establish the facts’ The business secretary has written to the owner of Poundland amid fears that the cut-price retailer could collapse into administration, threatening to overshadow John Healey’s…
• Poundland on brink of administration, with 12,000 jobs at risk
  The Guardian · October 29, 2026 10:56
  Owner Gordon Brothers files notice of intent to begin process after rejecting management-backed rescue bid Business live – latest updates The owner of Poundland has said it is preparing to appoint administrators, putting up to 12,000 jobs at risk at the retail chain across the UK and Ireland.…