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The Latest Breaking News from Wilko

The collapse of Wilko casts a pall over the High Street

City Comment: If Wilko’s name is finally erased from the High Street it will be missed by more than just its staff and loyal customers

Evening Standard

All 400 Wilko stores to close by early October, says union

It means redundancies now look likely for all 12,500 staff at the historic high street chain.

The Independent UK

Full list of Wilko stores as GMB union says all will close early next month

GMB Union has said all 408 UK Wilko stores will close by next month resulting in more than 12,500 job losses after a rescue bid from HMV's Doug…

The National (Scotland)

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Full list of Wilko shops closing this week

The 90-year-old retailer will close 52 branches across Tuesday and Thursday after failing to secure a deal to rescue the stores

The Independent UK

Thousands of jobs at risk after HMV owner’s Wilko rescue bid collapses

Administrators for the high street chain had been in discussions with Doug Putman over a deal to buy around 200 Wilko shops

The Independent UK

Wilko rescue hopes fade as talks with HMV owner collapse

Administrators for the high street chain had been in discussions with Doug Putman over a deal to buy around 200 Wilko shops.

The Independent UK

‘Death knell’ for Wilko with all remaining stores to close and entire staff ‘likely’ to lose their jobs

The GMB Union said it was “likely” all 12,500 staff would lose their jobs

Evening Standard

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All 400 Wilko shops to close with loss of more than 12,000 jobs

Talks with HMV owner Doug Putman to save about half of retailer’s stores fail

The Guardian - UK

Jeremy Hunt says he mustn’t pump extra money into people’s pockets; BoE’s Mann says better to over-tighten interest rates – as it happened

Chancellor says focus is to fight inflation, while Bank of England policymaker argues for higher interest rates

The Guardian - UK

Wilko administrators reveal locations of 52 stores to close next week

PwC warns of more job losses if last-ditch talks to save stricken retailer fall through

The Guardian - UK

Employees at TWO Scottish stores will see job losses as early as next week

ADMINISTRATORS for Wilko have revealed the locations of 52 stores which will close as early as next week resulting in more than 1000 job losses.

The National (Scotland)

Wilko reveals locations of London branches set to close next week

Administrators from PwC are still in talks with parties interested in buying the remaining parts of the business.

Evening Standard

More than 1,300 jobs to go as 52 Wilko stores shut down

Doomed branches to be named tomorrow as administrators try to save majority of jobs and shops

The Guardian - UK

Wilko: B&M strikes deal to buy 51 stores for up to £13m

Poundland, Home Bargains and The Range also in talks to snap up some of stricken retailer’s outlets

The Guardian - UK

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Evening Standard

B&M rescues 51 Wilko shops in £13 million deal

The shops are likely to be rebranded as new B&M stores, as the FTSE 100 retailer did not purchase the Wilko brand name

The National (Scotland)

B&M agrees to buy over 50 Wilko stores from administrators for £13 million

Discount retail chain B&M European Value Retail said it has agreed to buy up to 51 Wilko stores for £13 million, after a bid to purchase the…

The Guardian - UK

Oil hits $90 per barrel as Saudi Arabia and Russia extend production cuts; UK business activity falls – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude hits its highest level of 2023

The Guardian - UK

Wilko: rescue deal to save many stores at risk over supplier debts

Big suppliers want debts paid upfront in order to guarantee supplying shops

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The Guardian - UK

Meet Hilco, the firm behind the scenes at Wilko failure and other high street collapses

Restructuring specialist made its name through dealings with some of best-known British retailers

Evening Standard

Lidl becomes UK’s joint-highest-paying supermarket as it gives London workers £12.85 an hour

It comes as Lidl aims to recruit former staff of Wilko, which is set to make a wave of layoffs after collapsing into administration last month

Evening Standard

Wilko job cuts to begin on Monday with support staff to be laid off after full rescue deal fails

Monday will be the last day of work for Wilko’s commercial trading team, IT, finance, Legal and HR. For those at distribution centres, redundancies will start next week

The Guardian - UK

Wilko job cuts to begin next week after £90m bid falls through

About a third of 1,400 staff at stricken retailer’s head office and warehouses expected to be made redundant

The Independent UK

Wilko pauses redundancies as administrators consider rescue bids, says union

The GMB union, which represents more than 3,000 of Wilko’s 12,500 staff, said it met with administrators on Tuesday morning.

The Guardian - UK

Wilko closures and job losses on hold as administrator considers rescue bids

Restructuring specialist M2 makes potential offer alongside HMV owner Doug Putman

Evening Standard

Wilko job cuts ‘suspended’ after union calls for urgent government talks

A spokesperson for the union said it was not yet clear how long the suspension might last

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