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Gordon Brothers has released £10m of the £50m it froze at Poundland, potentially extending the midnight sale deadline as MPs prepare to question the owner over the 11,000-strong chain's collapse risk.
Gordon Brothers has frozen about £50m at Poundland, leaving 600 stores short of stock. A Thursday rescue deadline, bids and a pri…
Xyra Group has offered to clear £12.5m of Poundland's £30m debt upfront, as Gordon Brothers weigh bids for a chain employing 12,0…
Gordon Brothers says Poundland remains 'challenged and vulnerable' after ministerial talks, with 12,000 jobs at risk and 10 worki…
Poundland suppliers face millions in losses as owner Gordon Brothers weighs a breakup that would repay its £30m loan. 12,000 staf…
A Bradford supplier turning over £50m says it will lose millions if Poundland fails. Buyers want only half its stores, leaving ro…
Gordon Brothers rejected a £15m fully funded bid for Poundland, risking 12,000 jobs, as MPs demand government action against 'pre…
Founder Steve Smith warns 12,000 Poundland staff could be jobless for years as Gordon Brothers rejects Martin Property Group's £7…
Founder Steve Smith says he wants to reinvest as sales rise 11.2%, while Gordon Brothers weighs bids before Thursday's deadline f…
Poundland has filed a notice of intention to appoint administrators after Gordon Brothers cut funding, leaving 16,000 staff and 8…
Angela Rayner says more than £1bn in relief, £5.8bn in regeneration and April business-rate cuts will reshape high streets before…
