Poundland reported near administration as inflation and price wars hit £1 stores

A Guardian report says Poundland is on the brink of administration, with questions raised about its US owners. Only one item was collected, so the wider picture is limited.

Timeline

1. 30 Oct, 16:20 UTCGuardian reports Poundland on brink of administration

Top sources

• Poundland in peril: how rampant inflation and price wars left £1 stores exposedThe Guardian