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).
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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.
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“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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Former GMP officer jailed after being found guilty of several online child sex offences
Emily Sergeant
A former police officer from Salford has been sentenced after being found guilty of a string of online child sex offences.
Following a trial back in July, 35-year-old Michael Aspinall was sentenced at Preston Crown Court earlier this week (Monday 14 September) after being found guilty of three counts of attempting sexual communication with a child.
It comes after Aspinall – who was employed by Greater Manchester Police (GMP) at the time of the offences – was arrested in October 2024 by detectives from the North West Regional Organised Crime Unit (NWROCU), and was immediately suspended from duty following his arrest.
The investigation began after evidence was obtained that Aspinall had been communicating online with individuals that he believed to be children, but he was in fact communicating with a police officer.
Following this series of interactions, he was charged with various offences.
In addition to his eight-month sentence – which has been suspended for two years – Aspinall will also be placed on the sex offender’s register for 10 years, subject to a five-year serious crime prevention order, and have undertake 20 days of rehabilitation, GMP has confirmed.
He has additionally been added to the College of Policing’s barred list.
An application to request forfeiture of Aspinall’s police pension has also been made to the Deputy Mayor of Greater Manchester.
“Aspinall’s offending was clearly unacceptable for any right-minded member of society and particularly inappropriate for a serving police officer,” commented Detective Chief Inspector Gareth Humphreys, from GMP’s Professional Standards Directorate.
“His actions put the whole police service under scrutiny, but thanks to the hard work and diligence of undercover officers, he was arrested, found guilty, and has now received his punishment.”
DCI Humphreys concluded: “[Aspinall’s] actions take away from the hard work of the men and women who work so hard for their communities every day, and it is only right that anyone committing these sort of offences are rooted out.”
Featured Image – GMP
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Council announces return of FREE firework displays in Manchester parks
Emily Sergeant
The skies over Manchester will light up once again, as free firework displays are set to return to several of the city’s parks.
You may remember that major fireworks events throughout the city had been paused following the COVID-19 pandemic, due to funding challenges, with Manchester City Council choosing to invest in a range of other community-focused events across throughout the autumn season instead, rather than one-off firework celebrations.
But now, once this November rolls around, all of that is set to change.
That’s because, on Saturday 7 November, free fireworks events will return to Heaton Park, Wythenshawe Park, and Platt Fields Park.
First up, there will be a reduced-noise, low-impact display at 5pm for families and SEND audiences, and a main fireworks display then to follow a little later at 8pm.
The Council has announced the return of free firework displays in Manchester parks / Credit: Unsplash
Each of the three parks will host lantern making workshops in the weeks leading up to the events too, with family-friendly lantern parades taking place ahead of the 8pm firework shows.
The Council says that the return of the free fireworks events reflects residents’ recent feedback about what they want to see in their community and how they want funding to be distributed.
“It’s a chance, at the start of the shorter days and beginning of the dark winter months, to come together and resume a much-loved annual tradition as well as enjoying an evening of safe entertainment and spectacular fireworks displays,” Manchester City Council said in a statement.
Councillor Basat Sheikh, who is the Executive Member for Neighbourhoods, added: “We are delighted to announce and welcome the return of our much-loved fireworks celebrations.
It’s the first time they’ve returned since the COVID-19 pandemic / Credit: Elisha Terada (via Unsplash)
“Our parks should be shared spaces that create opportunities for Manchester people to gather, which is why bringing back the fireworks displays was top of our agenda. And we also recognise the importance of community which is why we will also continue to invest in a wide range of activities in our parks throughout the year.
“The return of these events is a wonderful opportunity for families and communities to create lasting memories and enjoy the long-standing tradition of fireworks in our parks in a safe way.”
Danny Jones -
12th June 2025 
