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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Wilko owed £625m when it collapsed, leaving pension fund £50m short

A Wilko branch in Walthamstow
A Wilko branch in Walthamstow. The company called in the administrators in August. Photograph: Tolga Akmen/EPA

Wilko owed £625m when it collapsed, including £548m to unsecured creditors who will receive less than 8% of what they are owed, documents reveal.

The budget homeware retailer’s pension fund is left more than £50m in deficit and is unlikely to receive more than £4m back from the breakup of the company, which called in the administrators PwC in August.

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