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Evening Standard
Evening Standard
World
Josh Salisbury

Wilko on the brink of collapsing into administration with 12,000 jobs at risk

High street chain Wilko has said it is on the brink of administration, putting roughly 12,000 jobs at risk.

The retailer said despite buyers’ offers, it did not have an offer to provide “necessary liquidity” to deal with “mounting cash pressures”.

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