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Protect Poundland from predatory capitalism, MPs tell government

Budget retailer and 12,000 jobs at risk after US owner fails to accept buyout offers MPs have called on the government to protect Poundland and other high street stores from “predatory capitalism” and asset-stripping. The fate of the retail chain and its 12,000 staff remains uncertain after it filed a notice of intention to appoint administrators at the high court last Thursday. Continue…

First reported by The Guardian 1 source
Image: The Guardian
Image: The Guardian
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  1. The Guardian

    Protect Poundland from predatory capitalism, MPs tell government (opens The Guardian in a new tab)

    Budget retailer and 12,000 jobs at risk after US owner fails to accept buyout offers MPs have called on the government to protect Poundland and other high street stores from “predatory capitalism” and asset-stripping. The fate of the retail chain and its…

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