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Wilko set for administration putting 12,000 jobs at risk
A Wilko store on Cheltenham high street
[Robin Stott / Creative Commons]
AROUND 12,000 jobs are at risk after high street retailer Wilko announced today that it plans to appoint administrators.
The boss of the chain said it is expected to enter insolvency after failing to secure a takeover to help the business with “mounting cash pressures.”
Wilko, which has about 400 shops, filed a notice of intention to appoint administrators at the High Court.
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