Thursday, 12 November 2026

News n More

Business

Look at the Poundland scandal and see a crisis that goes beyond Britain’s high streets | Polly Toynbee

‘I look out for my team,’ a store manager tells me, but Poundland’s US owner doesn’t care. Labour may be too late to prevent it becoming yet another casualty of venture capitalIn the Poundland I visit, a treasure trove of bargains, the staff are dejected. The shelves are emptying because the owners have withheld £50m needed for new stock and…

‘I look out for my team,’ a store manager tells me, but Poundland’s US owner doesn’t care. Labour may be too late to prevent it becoming yet another casualty of venture capitalIn the Poundland I visit, a treasure trove of bargains, the staff are dejected. The shelves are emptying because the owners have withheld £50m needed for new stock and…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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