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MPs urge government to protect Poundland from predatory capitalism
Original: Protect Poundland from predatory capitalism, MPs tell government By Sarah Butler Budget retailer and 12,000 jobs at risk
A group of MPs has called on the government to protect Poundland from what they describe as predatory capitalism, warning that the discount retailer and around 12,000 jobs are at risk. The intervention comes after the chain's US owner reportedly failed to accept buyout offers, raising fears over the future of the budget retail brand.
Why now: Poundland's future and thousands of jobs are in doubt after its US owner rejected buyout offers, prompting MPs to intervene.
PoundlandUK governmentSarah ButlerHouse of Commons
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