GMB seeks ‘urgent meeting’ with business secretary regarding Wilko administrators

Exterior of Wilko store

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.

 

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