Poundland ‘frontrunner’ Xyra Group asks retailer’s founder to join bid

The little-known investment firm emerging as a “frontrunner” to buy Poundland has called on Steve Smith, the retailer’s founder, to bolster its bid for the struggling firm. Xyra Group Holdings, founded by 23-year-old Manvedeep Singh, has asked Smith to lend support to their £12.5m bid to keep Poundland afloat as the discount retailer veers towards [...]