Wilko rescue deal collapses, putting thousands of jobs at risk


A rescue deal for Wilko being worked on by HMV owner Doug Putman has collapsed, leaving the future of thousands of jobs in limbo.

Canadian billionaire Putman had been working on a deal that aimed to keep up to 300 Wilko shops open, but his bid to keep the business afloat failed as rising costs complicated any deal.

The collapse of the deal leaves the future of Wilko’s more than 10,000 workers and hundreds of stores facing an uncertain future.

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