Belfast Telegraph

Staff's lunch paid for at Northern Ireland Poundworld stores

By Helen Cahill

Staff at 12 Poundworld stores in Northern Ireland could be treated to their lunch by managers as administrators to the stricken chain prepare to start closing stores.

The budget retailer fell into administration on June 11, putting around 5,100 jobs at risk.

Administrators at Deloitte have so far failed to find a buyer for the business, although they are in talks with Poundworld founder Chris Edwards.

To cheer up employees, Deloitte told store managers in a note on Thursday that they should buy their staff lunch, source said. They said every store could spend £50 on lunch, at an estimated cost of £16,750 to the business.

Staff are fearing for their jobs because there has been no news of a buyer for the business, sources said.

It is widely expected that around 150 stores will close even if Mr Edwards strikes a rescue deal. He's expected to focus on town centre stores.

Belfast Telegraph

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