"We’re committed to keeping your favourites affordable, and your life on track, so you can beat inflation and get the products you need without breaking the bank."
Poundland is obviously known for being one of the go-to places to shop on a budget, but the retailer is now set to slash its prices even further, reports The Manc.
With inflation at a UK record high, and the rising cost of living crisis sadly continuing to make its impact felt nationwide, the discount chain has announced that it will start selling selected items for just 1p each Wednesday on its website, and is encouraging shoppers to keep their eyes peeled weekly to see what those items will be.
As well as those 1p bargains, Poundland has also vowed to reduce the price of some key household items to £1 as part of its Value Heroes campaign.
"We know it’s getting more and more expensive to live right now, and here at Poundshop.com we want to help," a spokesperson for Poundland said.
"That’s why we’ve put together our Value Heroes - a range of £1 household staples you know, love and need [as] we’re committed to keeping your favourites affordable, and your life on track, so you can beat inflation and get the products you need without breaking the bank."
Poundland has announced it will start selling some items for just 1p on Wednesdays only / Credit: Poundland
The price of 1,000 items across DIY, gardening, kitchenware, homeware, and stationery is also set to be cut by Poundland, and the retailer assures it's still on-track to rollout its range of chilled and frozen food to 350 stores across the UK.
As well as prices being slashed, Poundland has also this week announced that a handful of new stores will be opening their doors nationwide over the summer, which will create 150 full and part-time jobs.
Even more new store locations are set to be announced soon too.
"The pressure on customers from inflation is real, and while we’re serving more shoppers, that’s partly offset by customers being more intentional about what they’re putting in the baskets," explained Austin Cooke - Chief Operating Officer at Poundland.
"That’s why we’re determined to bring more value to more places, in store and through our new online business."
Claire’s shutting down all standalone shops in UK and Ireland
Danny Jones
In another hit to the high streets, Claire's Accessories is shutting up shop across the UK and Ireland after entering into administration yet again.
Falling into an unfortunate financial status for the second time in less than a year, Claire's will be shutting down all of their standalone stores across Britain, along with their IE branches.
A total of 154 stores will soon disappear, with more than a thousand people set to be put out of work.
Once a mainstay up and down the country, the accessory shop known for all things jewellery, piercings and more has ceased trading effective immediately.
Announced at the start of the week and the end of the first full month of Q2, it was confirmed that Claire's closed their final locations on Monday, 27 April.
With administrators, Kroll, appointed to wrap up business proceedings, an estimated 1,300 English, Irish, Scottish and Welsh workers have now lost their jobs.
Founded in America way back in 1961, Claire's has enjoyed a presence across the Atlantic for more than three decades.
However, with various other contemporaries and cheaper online options having appeared over the years, they've struggled not just to remain profitable but to compete full stop.
They filed for bankruptcy in the US in August 2025 after having already concluded operations in Spain, Belgium, and the Netherlands.
For many, the outcome isn't all that surprising, but it will nevertheless be a sad loss for many who have seen multiple generations visit these venues over the years.
The Hoot -
5th August 2022 
