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via retailgazette.co.ukBusiness & Companies

PM urges Poundland owners to work with government to save stores and jobs

FROM THE WIRE · RETAILGAZETTE.CO.UK

Prime Minister Andy Burnham has urged Poundland owner Gordon Brothers to work with the government to secure the future of the struggling discount chain, as around 12,000 jobs hang in the balance. Poundland filed a notice of intention to appoint administrators last week, giving…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralPossible administration for a chain with around 12,000 jobs at stake.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Prime Minister Andy Burnham urged Poundland owner Gordon Brothers to work with the government.
  2. 02Poundland filed a notice of intention to appoint administrators last week.
  3. 03Around 12,000 jobs hang in the balance.

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