Key facts
- Jenrick, described as Reform's Treasury spokesman, said he did not support taking Poundland into public control.
- He argued that "fully funded" offers for the retailer had been made, according to the report.
- The report says Jenrick called on the government to step in over Poundland's finances.
- Presenter Fraser Nelson said Poundland loses £1 million a week and sales fell 12%, per the report.
- Jenrick said the company's like-for-like sales were up by almost 6%.
Robert Jenrick said he did not support bringing Poundland under public control, arguing that "fully funded" offers had been made for the retailer, according to a report that did not date the remarks.
The account adds that Jenrick, described as Reform's Treasury spokesman, has called on the government to step in over the chain's finances. It says Poundland's American owners have pulled funding and rejected offers from other companies, claims the report attributes to Jenrick's side of the argument rather than to the owners.
In an on-air exchange with presenter Fraser Nelson on Sky News on a Sunday morning, the report says Nelson put Poundland's weekly loss at £1 million and its sales decline at 12%, while Jenrick said like-for-like sales had risen by almost 6%. The two did not resolve the difference.