Wilko creditors face prospect of as little as 4p in pound payback

Wilko store exterior

Creditors of bust retailer Wilko are expected to lose most of their money, its administrator has estimated.

Wilko’s unsecured creditors face the likelihood of receiving only 4p to 8p in every pound they are owed, Sky News has reported.

The figure was revealed in proposals from administrator PwC, which were circulated last night.

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