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 bidBusiness live – latest updatesThe 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 advisory…
Owner Gordon Brothers files notice of intent to begin process after rejecting management-backed rescue bidBusiness live – latest updatesThe 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 advisory…
Source: The Guardian World — Original report ↗
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