Wilko: 'Hope' for future of retailer after 'expressions of interest' in parts of business

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Interested bidders had until Wednesday to come forward.

There are"genuine grounds for hope" for the future of high street retailer Wilko, according to the GMB union, after the company entered administration, endangering 12,500 jobs.

The union met with administrators PwC as part of the formal consultation process and confirmed there had been"expressions of interest" from prospective buyers. Those potential purchasers are considering taking over"at least some parts" of the discount homewares and household goods business, the GMB national secretary, Andy Prendergast, said.

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