Poundland owners break silence and vow to protect 'as many jobs as possible'

Poundland owners have broken their silence to pledge the protection of as many jobs as possible following fears of administration. The discount retailer, which was acquired by a US investment firm for less than £1 last November, has potentially been on sale since September. Thousands of staff members have been left uncertain as the company awaits the decision to call in administrators, while bosses now aim to secure employment for the workforce during this period.