Tag Archives: Wilko
Where will wilko go? Thoughts on pension lifeboats.
In a recent meeting with administrators, GMB said it was informed there was ‘no longer any prospect that the majority of the business will be saved’ Meanwhile, joint administrators Jane Steer, Zelf Hussain and Edward Williams of PwC said that … Continue reading
Uncertainty for Wilko and the Wilkinson pensioners
Yesterday Wilko finally went into administration and that means an uncertain future for Wilkinson’s pensioners, deferred pensioners and the bulk of Wilko’s current workforce who are members of the People’s Pension. At one point, pension liabilities were in excess of … Continue reading