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Poundland owner extracted millions when chain was on ‘knife-edge’, MPs say

Retailer’s management to seek two-week extension of legal protection from creditors in high court MPs have accused the owner of Poundland of extracting millions of pounds from the retailer when it was on a “knife-edge” as the budget retailer seeks extra time to secure a rescue deal. The management of Poundland, which…

Reported by The Guardian. We will add other newspapers as they cover it.

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  1. The GuardianUnited Kingdom

    Poundland owner extracted millions when chain was on ‘knife-edge’, MPs say

    Retailer’s management to seek two-week extension of legal protection from creditors in high court MPs have accused the owner of Poundland of extracting millions of pounds from the retailer when it was on a “knife-edge” as the budget retailer seeks extra time to secure a rescue deal. The management of Poundland, which…

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