The former ultimate owner of discount retail chain Wilko does not expect to have to help plug the high street chain’s estimated £70.2mn pension hole following its collapse a year ago.

Wilko's founding family was this weekend branded 'the unacceptable face of capitalism' after saying it had no plans to help plug the collapsed retailer's £70 million pension hole.

Wilko’s former owners do not plan to help plug the collapsed retailer’s £70million pension hole – in another blow to thousands of former workers. The discount chain went bust a year ago ...

Wilko racked up debts of £625m when it went bust last year and left its pension fund with a huge deficit. More than a thousand workers yet to retire are faced with possible reduced annual incomes for ...

However, it took prompting for her to formally apologise. Wilko entered administration in August 2023, resulting in the closure of 400 stores and the loss of over 12,000 jobs.

Wilko's founding family was this weekend branded 'the unacceptable face of capitalism' after saying it had no plans to help plug the collapsed retailer's £70 million pension hole.

Former Wilko owners say they have no legal obligation to help plug £70m pension black hole By DAILY MAIL CITY & FINANCE REPORTER Updated: 17:03 EST, 12 August 2024 119 shares 35 View comments ...