NEWSLETTER
Tuesday, June 3, 2025
The Novum Times
No Result
View All Result
  • Home
  • World
    • USA
    • United Kingdom
    • India
    • China
    • Europe
    • Africa
    • Middle East
    • Asia Pacific
    • Canada
    • Australia
  • Politics
  • Business
  • Health
  • Economy
  • Sports
  • Entertainment
  • Technology
  • Cryptocurrency
  • Gossips
  • Travel
  • Lifestyle
  • Home
  • World
    • USA
    • United Kingdom
    • India
    • China
    • Europe
    • Africa
    • Middle East
    • Asia Pacific
    • Canada
    • Australia
  • Politics
  • Business
  • Health
  • Economy
  • Sports
  • Entertainment
  • Technology
  • Cryptocurrency
  • Gossips
  • Travel
  • Lifestyle
No Result
View All Result
The Novum Times
No Result
View All Result

Another 9,100 Wilko staff will be made redundant after rescue deal fails | UK News

by The Novum Times
11 September 2023
in United Kingdom
Reading Time: 2 mins read
A A
Home News United Kingdom
Share on FacebookShare on TwitterShare on Whatsapp


Even more people will lose their jobs (Picture: Rex)

More than 9,000 more people are set to be made redundant after attempts to reach a rescue deal for Wilko failed.

Administrators said the further 9,100 people will be made redundant by early October.

52 branches of the high street store are set to close this week, but now all shops will close next month.

A rescue deal which could have saved 300 branches under Doug Putman, the billionaire owner of HMV, fell through earlier today.

Previously administrators PwC had announced 1,000 redundancies at its branches as well as its support and distribution centres.

Last week, high street giant B&M agreed to buy up to 51 Wilko stores in a deal worth £13 million.

The Wilko family – who ran the firm until its problems ramped up – have been criticised for continuing to pay its owners millions in dividends even during periods of heavy losses.

Lisa Wilkinson, granddaughter of founder James Kempsey Wilkinson, insists the pay-outs ‘wouldn’t have made the difference’ and said managers threw ‘everything and everything again at trying to make Wilko a success’ again.

Got a story? Get in touch with our news team by emailing us at webnews@metro.co.uk. Or you can submit your videos and pictures here.

For more stories like this, check our news page.

Follow Metro.co.uk on Twitter and Facebook for the latest news updates. You can now also get Metro.co.uk articles sent straight to your device. Sign up for our daily push alerts here.

Get your need-to-know
latest news, feel-good stories, analysis and more

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.



Source link

Tags: dealFailsNewsredundantrescuestaffWilko

Related Posts

Hamas sympathiser living in Britain has visa REVOKED for supporting banned terror group

Hamas sympathiser living in Britain has visa REVOKED for supporting banned terror group

by The Novum Times
10 November 2023
0

A HAMAS-sympathising radical has been stripped of his UK visa, The Sun can reveal. The foreign national was living in...

Grammy 2024 nominations live: SZA leads with nine nominations as female artists dominate leading categories

Grammy 2024 nominations live: SZA leads with nine nominations as female artists dominate leading categories

by The Novum Times
10 November 2023
0

Ice Spice, Taylor Swift and SZA are expected to lead nominations at the 66th Grammy Awards (Getty Images)Sign up to...

the best family shows to book now

the best family shows to book now

by The Novum Times
10 November 2023
0

Frequently asked questions Can children go to all theatres in London? Most West End shows are suitable for people aged 12 or...

Dog behaviorist reveals the ‘worst’ mistakes that you are ‘accidentally making with your pup every single day’ – leaving pet owners stunned

Dog behaviorist reveals the ‘worst’ mistakes that you are ‘accidentally making with your pup every single day’ – leaving pet owners stunned

by The Novum Times
10 November 2023
0

Will Atherton, from the UK, has racked up over 881,000 followers on TikTok He recently revealed the biggest mistakes that pet...

Woman dies after taking Ozempic to lose weight for daughter’s wedding

Woman dies after taking Ozempic to lose weight for daughter’s wedding

by The Novum Times
10 November 2023
0

Trish Webster and her husband Roy. Photo: NineA woman in Australia who took prescribed Ozempic to lose weight ahead of...

Next Post
Recession poses challenges for BRP, but CEO says it can overcome them

Recession poses challenges for BRP, but CEO says it can overcome them

Putin and Kim Jong Un’s meeting will be full-scale visit, Kremlin says

Putin and Kim Jong Un's meeting will be full-scale visit, Kremlin says

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • China
  • Cryptocurrency
  • Economy
  • Entertainment
  • Europe
  • Gossips
  • Health
  • India
  • Lifestyle
  • Mental Health
  • Middle East
  • News
  • Opinions
  • Politics
  • Sports
  • Technology
  • Travel
  • United Kingdom
  • USA

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Canada
  • China
  • Cryptocurrency
  • Economy
  • Entertainment
  • Europe
  • Gossips
  • Health
  • India
  • Lifestyle
  • Mental Health
  • Middle East
  • News
  • Opinions
  • Politics
  • Sports
  • Technology
  • Travel
  • United Kingdom
  • USA

Browse by Tag

Biden Bitcoin Business Canada case Channel China court Cup day dead deal Death Diplomat free global Health Home India Jammu Kashmir killed latest Life Live man National News NPR people Police POLITICO Russia South Time Times Top Tourism Trump U.S UAE Ukraine war world Years
  • About Us
  • Advertise With Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2023 Novum Times.
Novum Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
    • USA
    • United Kingdom
    • India
    • China
    • Europe
    • Africa
    • Middle East
    • Asia Pacific
    • Canada
    • Australia
  • Politics
  • Business
  • Health
  • Economy
  • Sports
  • Entertainment
  • Technology
  • Cryptocurrency
  • Gossips
  • Travel
  • Lifestyle

Copyright © 2023 Novum Times.
Novum Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In