Around 12,000 jobs at risk as Wilko goes into administration

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Around 12,000 jobs at risk as Wilko goes into administration
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BREAKING: Around 12,000 jobs at risk as Wilko goes into administration

It comes after Sky News revealed earlier on ThursdayIn a statement, CEO Mark Jackson said:"We've all fought hard to keep this incredible business intact but must concede that time has run out and now, we must do what's best to preserve as many jobs as possible, for as long as is possible, by working with our appointed administrators.

But he added:"without the surety of being able to complete the deal within the necessary time frame and given the cash position, we've been left with no choice but to take this unfortunate action." The threat of collapse has been hanging over Wilko for weeks, and intensified last Thursday when the company

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