The corporate raider at the centre of Poundland’s woes
The Daily Telegraph · Ben Marlow ·
Mark Newton-Jones, the European boss of Gordon Brothers, is no stranger to corporate crashes
Mark Newton-Jones is the corporate raider at the centre of the Poundland controversy, which was branded by one Labour MP on Tuesday as an act of “predatory capitalism”.
The European chief of Gordon Brothers, the investment firm accused of unjustifiably trying to push the chain into administration, has his fingerprints all over the scene. He is the senior of a trio of Gordon Brothers men who sit on the board of Poundland’s parent company.
With a starring role in what has quickly made him a target for politicians across the spectrum, Newton-Jones has been forced to defend Gordon Brothers’ stewardship of the chain to the Government.
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