Whilst this is a positive development, Wilko is not out of the woods by any means, says GMB Union

Redundancies at Wilko will not be proceeding while administrators consider further bids, GMB Union has said.

The union met with administrators this morning [Tuesday] to discuss multiple bids which have been made for the discount retailer.

Andy Prendergast, GMB National Secretary said:

“All redundancies at Wilko have been suspended while the administrator considers further bids.

“Whilst this is a positive development, Wilko is not out of the woods by any means and this is a time of incredible stress and worry for the 12,500 workers who face losing their jobs.”