Poundland moves in

POUNDLAND has unveiled plans to take over 20 former Poundworld stores, creating 400 jobs.

But the budget retailer issued a stark warning to high street landlords to “change their expectations” to reflect the tougher retail environment.

Poundworld collapsed into administration in June, resulting in the closure of all 335 of its shops by mid-august and the loss of 5,000 jobs.