High street retailer McColl’s looks increasingly likely to be saved from the administrators (Mike Abrahams/McColl’s/PA)
(Picture: PA Media)Morrisons has tabled a last-minute bid to rescue its convenience store chain partner McColl’s from the administrators in a deal that could save 16,000 jobs.
The bid would also allow most of the 1,300 high street stores to stay open while the supermarket group takes on McColl’s pension liabilities and its £170 million debt.
