Poundland founder warns high street will go bust if bargain shop collapses

More than 12,000 staff and 600 stores are at risk (Picture: JUSTIN TALLIS / AFP via Getty Images)

The founder of Poundland has warned that the discount company’s collapse could cause retailers across the high street to go bust.

Steve Smith, who founded Poundland in 1990, predicted it would be a ‘multi-billion-pound problem for the government’ if the bargain store went into administration.

Poundland is on the Read Entire Article