Government holds crunch talks over future of Poundland

Business Secretary Jonathan Reynolds has held crunch talks with US-based owners of Poundland , the retailer on the brink of collapse despite interest from several major supermarket chains. Poundland filed a notice to appoint administrators last week, putting the future of its roughly 11,000 workers at risk. Gordon Brothers, which only bought Poundland last year for £1 and launched a sale process…

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