Poundstretcher faces ‘no choice’ but administration as discount giant begs for restructuring lifeline to save 300 shops

POUNDSTRETCHER faces "no choice" but administration as the discount giant begs for a restructuring lifeline to save 300 shops. The high street chain has warned it is staring down the barrel of collapse unless a bold new rescue plan is given the green light. Lawyers for the budget retailer told the High Court that the...