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Poundland files notice to appoint administrators, 12,000 jobs at risk
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Poundland's directors have filed a notice of intention to appoint administrators, putting up to 12,000 jobs at risk. The budget retailer, bought by US investors Gordon Brothers for £1 in June 2025, faces potential breakup, with union Usdaw urging owners to reconsider and rivals reportedly lining up to buy parts of the business.
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