Owner Gordon Brothers files notice of intent to begin process after rejecting management-backed rescue bidBusiness live – latest updatesThe shop workers’ union Usdaw has urged Poundland’s owners to reconsider a decision to prepare the budget chain for administration, putting up to 12,000 jobs at risk.Gordon Brothers filed a notice of intention to appoint administrators to Poundland at the high court on Thursday, with the advisory firm AlixPartners lined up to run the process. Continue reading...
Owner Gordon Brothers files notice of intent to begin process after rejecting management-backed rescue bid
The shop workers’ union Usdaw has urged Poundland’s owners to reconsider a decision to prepare the budget chain for administration, putting up to 12,000 jobs at risk.
Gordon Brothers filed a notice of intention to appoint administrators to Poundland at the high court on Thursday, with the advisory firm AlixPartners lined up to run the process.
Continue reading...
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