Poundland set for crunch decision on survival after owner grilled by MPs

Poundland is approaching a crunch decision to stave off its collapse after its owner was accused by MPs of jeopardising thousands of jobs on Britain s high streets . The retailer’s directors, Barry Williams and Shaun Wills, are set to hold an emergency board meeting on Wednesday night over whether to trigger an extension to a moratorium which is holding off its creditors, sources told City AM.  Poundland filed a notice of intention to appoint administrators last month, but the 10-day freeze on creditors calling in their debts expires in a matter of hours.  The crucial decision comes after Gordon Brothers, the Boston-based investment firm which owns Poundland, was grilled by MPs at a closed-doors hearing of Parliament s business select committee on Wednesday afternoon. Liam Byrne MP, chair of the committee, said on Wednesday night: “After extensive cross examination this afternoon, I’m deeply concerned that Gordon Brothers behaviour may have jeopardised thousands of jobs o