Government ‘keeping options open’ over potential Poundland collapse

Poundland store sign

Source: Shutterstock

The business secretary has signalled the government is ready to take action against Poundland’s US owner if they feel the retailer is wrongly forced to shutter.

Jonathan Reynolds said he and the Prime Minister Andy Burnham were “deeply concerned” by the ongoing uncertainty around Poundland’s future and said he was keeping his options for intervention under review, according to The Telegraph.

 

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