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Thousands of jobs at risk with Poundland on brink of administration
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Evening Standard
Thousands of jobs at risk with Poundland on brink of administration
The discount chain is set for insolvency after owner Gordon Brothers rejected a takeover offer from Irish real estate firm Martin Property Group.
29 Oct, 11:28
Guardian Business
Poundland on brink of administration, with 12,000 jobs at risk
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.
Gordon Brothers filed a notice of intention to appoint administrators at the high court on Wednesday night, with the advisor…
29 Oct, 10:56
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