TG Jones, the high street chain carved out of WH Smith and rebranded last year, came within days of running out of cash, telling the High Court it faced an £8M shortfall by the end of the week that left 4,700 jobs and up to 150 stores hanging in the balance.
On 1 July 2026, a judge approved the rescue plan that keeps the tills open, but the reprieve comes with shutters coming down on branches across Britain, and small suppliers braced to lose a chunk of what they are owed.
