Retail GazetteBusiness & Tech• 2 min read

Poundland revenue overstated by £60m ahead of £1 takeover

Published 24 August 2026, 7:54am

Poundland overstated its revenues by £60m in the run-up to its £1 sale to Gordon Brothers, newly filed accounts have revealed. A review carried out as part of the discount retailer’s takeover uncovered a series of accounting errors, including sales between its UK business and…

Read the full story at Retail Gazette

Havoc links to the original reporting. The full story stays with the publisher.

Was this worth reading?Sign in to vote

More in Business & Tech

The Register

The White House is apparently a popular residential proxy exit spot

How it got there is another matter entirely

Business & Tech Finextra

Finra fines Webull $4.2m for AML and best execution failures

Digital investing platform Webull has been fined $4.2 million by US regulators for failing to roll out "reasonably designed" programmes for anti-money laundering, identity theft prevention and best execution.

Business & Tech The Register

Get root on a musl Linux system by slamming it with an overly long password

Decade-old vulnerability in OpenSSH is now fixed, so get a-patchin'

Business & Tech