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Birmingham Post
Birmingham Post
Business
Tom Pegden

Wilko secures £40m of credit following tough trading

The Wilko discount store chain has agreed £40 million of credit to help it through a difficult trading period.

The Notts-based retailer said the money would help prevent redundancies or changes for customers, and comes as it restructures its management team.

The business, which is based in Manton Wood Enterprise Park in Worksop, has agreed the £40 million, two-year revolving credit facility with investment company Hilco.

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