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Business secretary writes to Poundland owner as administration fears build
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Business secretary writes to Poundland owner as administration fears build

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 budget.Sources said that Gordon Brothers, the US investme…

Originally reported by Guiden World

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 budget.Sources said that Gordon Brothers, the US investme…

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