Business secretary writes to Poundland owner as administration fears build
THE GUARDIAN · LONDON — 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…
- CODE
- RT-E2010A
- PUBLISHER
- The Guardian
- TOPIC
- World
- PUBLISHED
- 28 October 2026 · 13:16 UTC
- FIRST SEEN
- 28 October 2026 · 13:30 UTC
- ORIGINAL
- https://www.theguardian.com/business/2026/oct/28/business-secretary-jonathan-reynolds-poundland-owner-gordon-brothers-administration-fears
- SHA-256
- afa16f2875721039154e3fbfb277b12986631e69f8bb8912225731c301585a9c
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