niuz

Tap one to read its news. Starred ones come first in the row.

Business secretary writes to Poundland owner as administration fears build

1 source

12h agonow

One source
What the source said
The Guardian – UK
“Business secretary writes to Poundland owner as administration fears build”

Jonathan Reynolds has written to Gordon Brothers, which bought retailer for £1 last summer, to ‘establish the facts’ The business secretary has written to the owner of Poundland amid fears that the cut-price retailer could collapse into administration, threatening to overshadow John Healey’s budget. Sources said that Gordon Brothers, the US investment firm that bought the 600-store Poundland chain for £1 last summer, looks set to appoint administrators to the struggling retailer. Continue…

Read at The Guardian – UK
Is this point wrong? Tell us

Reported by one source so far. It is confirmed when a second, independent source reports the same thing.

Top in the UK now

How recent

The shading behind a date drains as it ages: full when new, three quarters at 1 hour, half at 6 hours, a quarter at 12 hours, empty after a day. The date is when the source published it.

Timeline

The line under a story shows when it was reported. Now is at the end. The shaded part runs from its first article to its latest; each mark is an article, taller where several came out within 15 minutes. In lists the line is the last two days, so stories compare; a faded start means the story began earlier. On a story page it runs from the first article to now.