Burnham calls for Poundland executives to work with Government to save stores

Andy Burnham has urged Poundland executives to collaborate with the government in finding a "practical solution" to prevent the closure of stores and preserve jobs. The Prime Minister is expected to meet the US-based owners, Gordon Brothers, amid criticism of their management of the retailer. Poundland filed a notice to appoint administrators last week, threatening the livelihoods of approximately 11,000 employees.

Gordon Brothers, who acquired Poundland last year for £1 and initiated a sale process in early September, is under pressure to accept a bid to save the ailing retailer. Despite interest from several major supermarket chains, the company's survival remains uncertain. Burnham emphasized the importance of addressing the concerns of the people employed by Poundland and finding viable alternatives to keep the stores afloat.

He also expressed the government's willingness to explore options to support the chain. The government is engaged in discussions with potential buyers and remains hopeful that a solution can be reached.