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

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

The Guardian · Nov 11, 2026, 7:10 PM UTC

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 budget retailer when it was on a “knife-edge” as it seeks extra time to secure a rescue deal.…