Report
MPs summon Poundland owner Gordon Brothers over retailer’s looming insolvency
Poundland filed a notice of intent to appoint administrators; committee chair Liam Byrne wants answers about a rescue deal.
TLDR
The Commons business committee has summoned Gordon Brothers executives to explain how Poundland reached the brink of collapse. The retailer filed a notice of intent to appoint administrators. Committee chair Liam Byrne said MPs want to know what is preventing a deal that could save more than 12,000 jobs. Business secretary Jonathan Reynolds has also arranged a meeting with Gordon Brothers executives.
Combined views
21.1K
2 Sources, first seen ago
