As you can guess Poundworld sells stock for 1 pound. 99p is one penny lower than one pound. The 1 penny difference forces the pound world shop to close. In the US, imagine a one dollar shop closing because of a 95 cents store.
Think of it, people go to the 99p shop because there goods are cheaper. The Poundworld obviously can't compete because of the shop name. The 99p shop gets more income than the Poundworld shop. So Poundworld has to close.
is this even considered news? shops go out of bussiness all the time...
big deal.
locking, if any bbmin finds this to be acceptable, feel free to unlock.