Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Holly Williams

Poundland up for possible sale as soaring wage costs add to trading woes

Pepco Group owns the Pepco and Dealz brands in Europe and Poundland in the UK (Pepco/PA) -

Poundland’s owner is mooting a possible sale of the UK discount retail chain as it struggles amid tough trading and ahead of incoming Budget measures that will send wage costs soaring.

Poland-based Pepco Group said it was considering “all strategic options” to spin out the struggling 825-strong chain from the wider group as it focuses on its more profitable Pepco brand.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.