Wilko redundancies suspended as further bids are being considered

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.

According to reports a second last minute bid to save Wilko was launched over the weekend after the retailer went into administration two weeks ago.

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

Wilko has 400 shops and employs 12,500 workers and the GMB union has insisted that jobs “must be prioritised.”

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.”