Poundland owner files notice to begin administration, 12,000 jobs at risk

According to The Guardian, Poundland's owner Gordon Brothers has filed a notice of intent to begin administration after rejecting a management-backed rescue bid. The report says 12,000 jobs are at risk.

Timeline

1. 29 Oct, 10:56 UTCGuardian reports Poundland administration notice

Top sources

• Poundland on brink of administration, with 12,000 jobs at riskThe Guardian