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Evening Standard
Evening Standard
Business
Daniel O'Boyle

‘Still hope’ for Wilko employees with administrators’ decision on rescue bids expected next week

There is “still hope” for Wilko’s more than 12,000 employees, as administrators pore over bids to save the collapsed retailer and hope to reach a decision next week.

Administrators at PwC set a cut-off date of Wednesday for prospective buyers to submit bids for all or part of Wilko. It is understood that they are currently weighing up bids that came in yesterday, and are likely to decide the fate of the chain next week.

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