Poundland teeters on brink of collapse as administrators lined up

poundland store front

A notice of intention to appoint consultancy firm AlixPartners as administrator is expected to be filed with the courts at any moment, and potentially as early as today

The future of Poundland and the jobs of 12,000 staff are in grave jeopardy as insolvency experts are lined up to take charge of the discount chain following a deterioration in the relationship of its owners and management team.

Already have an account? Sign in here

Want access to this article?

Register for LIMITED access

REGISTER FOR FREE

Get PREMIUM access for £1 a week

SUBSCRIBE NOW