Thursday, 1 October 2026

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Business

Poundland management in rescue talks that could save 11,000 jobs

Ex-Asda boss Andy Bond linked to plan, with buyout team understood to be negotiating with financial backerPoundland’s management team are in “advanced talks” to lead a rescue bid for the ailing cut-price retailer that could save more than 11,000 jobs.The former Asda boss Andy Bond, who ran Poundland for a number of years from 2016 then stepped up to its…

Ex-Asda boss Andy Bond linked to plan, with buyout team understood to be negotiating with financial backerPoundland’s management team are in “advanced talks” to lead a rescue bid for the ailing cut-price retailer that could save more than 11,000 jobs.The former Asda boss Andy Bond, who ran Poundland for a number of years from 2016 then stepped up to its…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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