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Wilko: More job losses loom as rescue deal collapses

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Fears intensified over thousands of high street job losses at Wilko, the stricken value retailer, when a rescue deal involving the owner of HMV collapsed.

Sky News has learnt that Doug Putman has ended talks with PricewaterhouseCoopers (PwC) over a slimmed-down deal to acquire about 100 Wilko sites.

PwC has already announced about 1,600 redundancies since the family-owned chain crashed into insolvency last month.

Read more on this here - https://news.sky.com/story/more-wilko-job-losses-loom-as-putman-rescue-deal-collapses-12958920

#wilko #jobloss #skynews

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Category
World
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business news, business, news
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