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Real Estate

Jenrick lends support to Poundland suitors 

Katherine Langford
Editor-in-Chief · Tuesday, November 3, 2026 at 3:00 AM · 1 min read
Jenrick lends support to Poundland suitors  — London Real Estate news

Reform UK’s economic spokesman Robert Jenrick has revealed he is supporting potential bidders for discount retailer Poundland as he criticised the group’s “greedy” owner Gordon Brothers for pushing the business towards insolvency. Over the weekend, Jenrick suggested the government should intervene in the possible insolvency of Poundland, which would put some 12,000 jobs at risk, and stop its American owners from allowing the high street brand to be “stripped for parts”.  In an interview with City AM, Jenrick argued that “fully funded” offers had been made to Gordon Brothers for a takeover and the owner of the company should engage with them.  “The question I ve posed with respect to Poundland is a very simple one, which is why is this business being put into administration when we know that there is at least one fully funded offer on the table to purchase it as a going concern,” Jenrick said, adding that he had been in contact with suitors hoping to take over the company. “

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