Poundland owner set to release £10m to retailer ahead of MP questioning

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Poundland owner set to release £10m to retailer ahead of MP questioning

The owner of Poundland has agreed to release around £10m of funding in order to pay the firm’s suppliers a day before its bosses are grilled by the government. Gordon Brothers, the US investment firm which owns the retail group, will unlock the funds held on Poundland’s balance sheet as the first in a series [...]