Collapsed budget retailer’s 12,500 workers wait to hear whether buyer emerged by Wednesday night

The future for Wilko’s 12,500 staff hung in the balance on Thursday as they waited to hear whether a serious bidder for the cut-price chain had emerged.

Interested parties in the household goods chain, which has 400 stores, had until Wednesday night to put forward their best offers for the company which called in administrators last week as it faced running out of cash.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Government pledges to raise legal age of marriage to 18 in England and Wales

Commitment from justice ministry seen as victory by rights campaigners, who say…

COVID-19 Ontario vaccine passport

‘Riz Ahmed would bring intensity and a truly modern sensibility’: readers on who should be the next 007

The producers say the next Bond should be ‘a British man of…