UK high street

Poundland Administration Fears Put 12,000 Jobs at Risk

Poundland administration fears grow as bosses file a notice of intention, putting around 600 stores and about 12,000 jobs at risk. A notice of intention gives a company a short period of protection from creditor action while it explores its options. It does not, by itself, mean stores will close immediately, but it signals serious financial pressure and that administration…