Wilko Store Closures, Administrators Dividend Payments Review, Reading, Berkshire, UK - 25 Sep 2023
Most of the shelves were empty today at the Wilko Store in Reading, Berkshire. The shop closes in 9 days time and remaining stock was on sale with up to 70% off following the administration of Wilko. PwC, the administrators for Wilko are to conduct a review into the payment of £77m in dividends over the past ten years before the administration of the company. The inquiry is being held due to there being a £56m deficit in the Wilko pension fund. A petition has been also started on Change.org for Wilko majority shareholder, Lisa Wilkinson, to be held to account and for there to be an official investigation into the demise of Wilkos. Thousands of Wilko staff are to lose their jobs