Repeat islands of the firm rescue of administration

SUBLLS is not gaining for a contractating place or repantion there are lifted between is identified

The budget struggle has asked the judge to prove the deal, say will have exit cash without it September 7.

Sand have around 14,700 staff and operate about 800 shops. This is announced a plan to close 68 shops after it sold into a four-swasension is likely to be about £ 1, put around 1,000 jobs.

The courts to know on Tuesday that the plan of Turlaround will see the injection of the custody to the company.

Tom Smith KC, for Portland is limited, writing that the financial position has been “real-quick” foreign the environment is very difficult in the environment that is difficult with the environment of the effects “.

He states why again disapproved, corporate directors will be likely to put into the administration by Friday.

Treats a rescue plan, Sir Alastair Norris said: “I’ll be there. I’ll give you a reason later.”

Sulland Road Manage Williams Williams says my decision “to evacuate the business”.

“Although this opportunity ordered, I am very due to colleagues – mainly that eliminated us when we stream below, distribution program.”

He added that the focus now is going to focus for m took Corland “B repeated to growth” by Ketting likes, lowering the price we know “.

Walland, who was founded in Stafordshire in 1990, announced rendence live in June after June after sale by Gorco Poland, for £ 1.

Company reported the pre-tax loss of £ 35.7m in the last financial year. This year’s house, asked for rise in the national insurance contribution will add any difficulty.

Speaking in court, Mr Smith declared “a very important number of new money” will be injected to the company through the plans over his scraround.

“This plan will release £ 60mning longer” and in addition to the 15m that has gone in purchase of 12th June, “said.

“So, in the influence, if you add all, Gordon Gordul who placed in £ 90m.”

The circhans are sold all the products less than £ 1, but since the year 2017 it has sold the amount of goods for more than one pound.

In January, it adds 900 products for “£ 1 or less” the range of bad sales numbers.

Situ also shop close to the cover, the edge of plans to close the distribution site and digital in the Distivision, the regulations this year is) and the past in Bilston, another mangtands.

It also stops selling online products, leading to loss of 350er jobs 350 jobs.

In this time, Mr Adhith say that the company is now due to £ 276.5m in 1 month, which would be rejected by the covering plan.

It will also see a company provided by an overriftracting facility £ 30m and have some people.

Mr Smith Continued That Many of Poundland’s Stores were “unprofitable at their current rents”, with the company paying “Higher than market rates for a significant number” of its sites.

Nobody appears in court to change approved plan.