Long-standing British bargain brand Poundland could be set to close a number of locations across the UK after being sold for just £1.
The franchise famed for selling things for just a quid has been a mainstay on the high streets for what feels like it’s been around for as long as most of us can remember, but has been struggling to compete in the discount market.
Opened in 1990, Poundland was eventually bought by Polish variety store chain Pepco Group back in 2016, but has now been auctioned off after struggling sales over the past few years.
As per a press release from the company, Pepco decided to sell the business to American investment firm Gordon Brothers for what reports cited as a “nominal fee” – a figure now revealed to be £1.
Credit: The Manc Group
Poundland’s former boss, Barry Williams, left the brand in 2023 but was reinstated in at the start of this year to help the business and the Group’s European counterparts (Pepco and Dealz).
Sharing an official update with The Manc, the returning MD and CEO said, “Poundland is a UK and Ireland retailer of real significance, serving 20 million customers each year with a much-loved brand.
“Although recent trading has been challenging, we have built a turnaround plan with a simplified and more focused Poundland at its heart, as we aim to deliver the amazing value our customers expect.
“In due course, we’ll share more details of the proposed restructuring and turnaround. I’d like to thank Pepco for its stewardship of the business. We welcome Gordon Brothers and look forward to working with them as we implement our turnaround plan.”
As for Gordon Bros themselves, the American group with outposts all over the globe, says it is “delighted” to be providing the bargain brand with “the financing to support the substantial turnaround of this iconic retailer.”
Even with their own hardships, Poundland stores have still been providing a much-needed cut-price place to shop for those looking to save wherever they can amid the cost of living crisis, not to mention taking over previous Wilko stores and helping bail out others in need.
Before Poundland were sold, they also helped prop-up those hit by the Wilkos falling into administration.
According to Retail Gazette, an approximate £80 million cash injection has been pledged to help support their 800 stores and roughly 16,000 staff across the UK and Ireland.
Nevertheless, BBC sources understand that the even with the new backing, the proposed restructuring of the company which will be put before the High Court here in England could still “involve a significant number of store closures.”
Meanwhile, an official statement from Pepco’s Stephan Borchert reads: “The agreed sale of Poundland marks an important milestone in our strategic plan to move away from FMCG and focus predominantly on Pepco, our higher margin clothing and general merchandise business…
“Poundland remains a key player in UK discount retail, with millions of customers annually and a well-loved brand and proposition. We want to sincerely thank Poundland for their ongoing commitment and contribution to the Group and wish Barry Williams and his team all the best for the future.”
Featured Images — Pepco (via Wikimedia Commons)/The Manc Group
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Rochdale man, 20, found guilty of assaulting police officers and the public at Manchester Airport
Emily Sergeant
A man from Rochdale has been found guilty of assaulting a man and two female police officers at Manchester Airport last year.
20-year-old Mohammed Fahir Amaaz has been convicted of common assault and two counts of actual bodily harm following a four-week trial at Liverpool Crown Court in relation to a high-profile incident that took place at Manchester Airport on 23 July 2024.
The first attack on the member of public – of which extensive footage of was shared with the court over the course of the trail – took place in a largely public area of the Airport, but despite claims made to the contrary, Greater Manchester Police‘s (GMP) investigation found no evidence of any ‘prior threatening’ or ‘unacceptable behaviour’ by the victim aimed towards Amaaz or his family.
Three GMP officers – one male and two female – responded to the initial assault, and as they proceeded to detain and arrest Amaaz at the Terminal 2 car park pay station for assault, they suffered a number of injuries – such as concussion, a broken nose, and bruising and swelling.
CCTV played to the jury during the trail showed Amaaz throwing 10 punches, two ‘elbow strikes’, and one kick in what was described as a ‘prolonged and violent’ attack.
This conviction follows a thorough investigation of all available footage to understand the full context to the incident.
Our officers have been supported throughout and continue to be supported.
— Greater Manchester Police (@gmpolice) July 30, 2025
An investigation, led by a team from GMP’s Serious Crime Division, was subsequently launched following the incident.
Police were said to have worked ‘diligently and expediently’ through all the moving footage, including CCTV and body worn camera recordings, complemented by the testimonies of witnesses to the incident, which allowed them to present a clear and accurate picture of the facts of the events to the jury.
A jury convicted Amaaz of assaults on the two female officers, but a decision is still inconclusive regarding the incident with the male police officer.
GMP now says it will be working with the Crown Prosecution Service (CPS) in support of a re-trial for these inconclusive counts.
A CCTV image of the brawl in action / Credit: CPS
“Whilst assaults on police officers are sadly not uncommon, such attacks can never be justified,” commented Sir Stephen Watson, who is the Chief Constable of Greater Manchester Police, following the trial.
“Our officers are decent people who routinely place themselves in harm’s way to protect the public, and they deserve our respect and support.
“I am particularly grateful to those many members of the public who have contacted the force in order to pass on their best wishes to the officers affected.”
Featured Image – GMP
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The NBA is coming to Manchester for just the second time ever
Danny Jones
In another major coup for Manchester, the NBA is coming to our shores for just the second time in history, having only been played in the UK on a relative handful of occasions.
This is nothing short of a massive milestone for the city.
Having last crossed the pond back in 2019, the NBA has only visited 0161 once before over a decade ago at the old AO Arena, and there’s only been a total of 19 transatlantic meetings up until now.
As if that wasn’t exciting enough, being confirmed as part of the NBA’s new European slate, Manchester is also set to be one of the first venues in the UK to ever host a regular-season game.
JUST ANNOUNCED: @NBA The NBA, Co-op Live and @ManchesterCityCouncil have today announced that the NBA will bring a regular-season game to Manchester for the first time ever in 2027, a monumental moment for the city, the venue, and UK sport. Read more here: https://t.co/6hR5g8XsxXpic.twitter.com/PRCCqb2Zaw
NBA Europe have managed to secure a three-year programme of matches that will feature as part of the league’s normal competitive season.
Kicking off next year and running until 2028 at the very least, the current deal will see the much-loved sport watched worldwide first land on the continent for a pair of games next year in Berlin and London, before heading to Paris and our very own Manchester in 2027.
Florida’s Orlando Magic and Tennessee’s Memphis Grizzlies have already been announced for the first two games, although Manchester’s match-up is yet to be confirmed at this early stage.
With Basketball England being officially headquartered within the wider Etihad Campus, there was no question that the Manchester NBA fixture was going to be held at Co-op Live.
As well as being not just the biggest indoor entertainment venue of its kind in England but all of Europe, the arena has also recently welcomed the likes of the UFC, WWE and multiple boxing matches, proving it can serve as the perfect host for premier live sporting action on a global scale.
Speaking in the wake of the seismic news, the Leader of Manchester City Council and representative for Burnage, Bev Craig, could only echo how big a deal this is for the region.
“Manchester once again has shown what a magnificent draw it is for major events, and we are thrilled to welcome the NBA back to our city”, she said. “This city is known for big names, big games and a reputation for showcasing world-class events on the biggest stage possible.
“With a growing basketball scene in Manchester, this event feels like the perfect fit and will give so many people in our city the chance to see what the best athletes in the sport can do on our home turf.
“When it comes to delivering world-class events, we know that Manchester is now firmly on the map. Now, working with our partners, we want to continue driving investment towards our city, creating new jobs, increasing growth and providing new opportunities and experiences for all of our residents.”
Once again, the exact date, timings and teams set to play at the Co-op are still yet to be decided, but having also sealed the BRIT Awards ceremony for 2026, it’s set to be a truly momentous couple of years for the arena and the city as a whole.
Danny Jones -
12th June 2025 
