Poundland directors to meet tonight to decide company's future, Sky News told

The directors of Poundland will hold a board meeting tonight to decide the company's future, Sky News has been told.

Poundland's managing director Barry Williams said earlier that there are 'no guarantees' that jobs will be saved.

Speaking as he came out of a private parliament meeting with a business and trade committee this afternoon, he said: "The message to staff was thank you. Our colleagues have done an amazing job getting the business to where it is."

Asked if the company was going into administration tomorrow, he said: "We're going to go and have a board meeting now. So have those conversations."

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(c) Sky News 2026: Poundland directors to meet tonight to decide company's future, Sky News told