Poundland collapse will trigger 30,000 job losses, founder warns – as he accuses new owners of ‘greed’ amid battle to rescue retailer

The founder of Poundland has warned the store’s collapse could trigger 30,000 job losses. 

Steve Smith, who no longer owns the business, has accused Poundland’s current owners of being ‘greedy’ as the retailer teeters on the brink of administration.

The future of Poundland hangs in the balance amid calls for the current owners, US investment group Gordon Brothers, to reconsider a rejected bid by a Northern Irish firm to save the company.

Mr Smith has claimed that should the company be allowed to collapse it could trigger the loss of a whopping 30,000 jobs across multiple areas.

‘If Gordon Brothers are being greedy then

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