Shares in convenience store business McColl’s are to be suspended from the London Stock Exchange it admitted it would be unable to get its accounts signed off by auditors in time.
The news comes after the retailer recently held discussions with potential lenders after it was hit during the pandemic due to supply chain issues, inflation and debt.
The company's share price had already plunged after it reported in April that talks with its lenders and banks would likely leave shareholders empty-handed.
