Business news brief
Union in plea to save Poundland from administration, with 12,000 jobs at risk
NEWS DESKBusiness
PUBLISHEDOct 29, 2026, 4:05 PM
What the source reports
Owner Gordon Brothers files notice of intent to begin process after rejecting management-backed rescue bid Business live – latest updates The shop workers’ union Usdaw has urged Poundland’s owners to reconsider a decision to prepare the budget chain for administration, putting up to 12,000 jobs at risk.
Gordon Brothers filed a notice of intention to appoint administrators to Poundland at the high court on Thursday,…
Main source: The Guardian Business
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