Poundland

Bradley Thomas Excerpts

Tuesday 3rd November 2026 Commons Chamber

[Madam Deputy Speaker (Caroline Nokes)]

I call the shadow Minister.

[Bradley Thomas (Bromsgrove) (Con)]

For thousands of Poundland workers, the question today is simple: “Will I still have a job?” Behind every store facing uncertainty are workers—real people with bills to pay and families to support. As a west midlands MP, this issue hits close to home—the headquarters are in the region. For thousands of shoppers who rely on this store to make their money stretch further as the cost of living worsens, the question is also simple: will they still have a local, affordable place to shop as Christmas approaches?

Workers and customers deserve clear answers about what happens next. Why was a proposed management-backed rescue bid rejected? Can an agreement still be reached? If individual stores are sold, will their employees keep their jobs? When will communities learn whether their local branch has a future?

The current economic landscape is hostile to British business. Given the stifling red tape, skyrocketing energy bills and surging employment costs, another well-known British brand being in trouble feels less like a surprise and more like an inevitability. Rather than admitting that their own vindictive policies have driven the cost of doing business to an unsustainable breaking point, the Government are instead locked in a desperate squabble with Reform over who can intervene the most to engineer a state-sponsored rescue. The reality is clear: increased political interference is a failed strategy that offers nothing but false promises to workers and consumers alike. True security cannot be micromanaged into existence by Whitehall.

If the Government genuinely want to revive our economy, they must start dismantling the barriers to growth that they have put in place since taking office. Running a business should be an ambitious pursuit, not a high-stakes gamble against state-induced risks. That is why, rather than looking to interfere in yet another business dispute, the Government should focus on slashing the unnecessary red tape that is suffocating businesses; lower business rates, which hinder high street growth; reduce the cost of employment and make it rewarding to invest in people; deliver the lower energy prices that businesses across the nation are calling for; and get tough on the wave of shoplifting plaguing our high streets. Rather than looking to stifle businesses’ every move, we must protect workers’ livelihoods by allowing businesses to get on with driving economic growth and employing people.

[Kate Dearden]

I must say that I am quite disappointed by the tone of the shadow Minister. Vindictive economic policies and a squabble with Reform—is that his answer to the 12,000 people and the thousands of suppliers across the country whose jobs are at risk in the run-up to Christmas?

The hon. Gentleman says that the Government should stop interfering with another business, but that is exactly not what we are doing; he would know that if he had listened to my statement. We are not interfering with the auction. There are ongoing commercial negotiations about this private business, and we do not want to impede or influence that process or comment on individual bids, as I said. It is legitimate for the Government to ask a business whether it is doing everything that it can to protect employers and suppliers, in order to get clarity about its plans and a clear understanding of the situation. Business owners have a responsibility to their employees—in this case, 12,000 of them across the country. It is right for us to put pressure on the company. Ownership brings responsibilities as well as rights.

We are clear as a Government about our expectations; we are taking a responsible approach, not a “sit by and do nothing” approach. What would be the point of politicians and Government if we took that approach?