GMB seeks ‘urgent meeting’ with business secretary regarding Wilko administrators
The GMB union is reportedly seeking an “urgent meeting” with business secretary Kemi Badenoch to confirm that Wilko administrator PwC is considering all bids for the collapsed value retailer.
The Guardian reported that GMB national secretary Andy Prendergast wrote a letter to Badenoch following suggestions that potential rescuers of the business have had “difficulties” engaging with the administrator.
The news comes after a fresh bid for Wilko emerged on Friday from private equity firm M2 Capital, which confirmed it had made a £90m bid for the retailer and said it would secure all employees’ jobs for two years.
Subscription content
Please sign in now if you have a subscription or are already registered with us.
Register for free to continue reading
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
- Two free article views per calendar month on Retail-Week.com
- Detailed analysis of current trends and events
- Exclusive newsletters
- In-depth reports, videos, interviews and much more
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.