Struggling Wilko suspends home delivery orders

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Struggling Wilko suspends home delivery orders
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The High Street retailer faces collapse if it cannot secure fresh investment by next week.

Struggling homeware retailer Wilko has suspended home deliveries as it teeters on the brink of collapse.

Wilko has filed a notice to appoint administrators as it races to raise the cash it needs to keep going. The homeware chain, which has 408 stores across the UK, is well known for its affordable everyday items.Announcing its plan to appoint administrators last week, the firm said it had 10 working days to strike a rescue deal. The deadline is 17 August.

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