Poundland could be put up for sale as taxes rise, owner says

Published On Mar 6, 2025, 4:58 AM

Poundland's owner, Pepco Group, is considering selling the discount chain as rising taxes are expected to increase operational costs. Sales have already dropped in the first months of the year, and the new tax changes starting in April will exacerbate financial strains on the business. This potential sale could attract interested buyers, but raises concerns about the overall health of UK retail, already stressed by increasing employer National Insurance contributions and minimum wage hikes.