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british high street chain wilko has collapsed, leaving the future of thousands ofjobs in doubt. all of the 400 stores across the uk will close by early october, the gmb union has said. it means redundancies now look likely for all 12,500 staff at the family owned business. peter ruddick is outside a wilko store in merseyside. why has it been so difficult for them to come up with a deal? we heard one was in the offing, but that has fallen through. essentially the man who rescued hmv has not been able to repeat the trick, it was not commercially viable to make the deal happen. he was in for around 300 stores we believed and that was reportedly taken it down to 200 and then 100 and that has not been possible and a lot of supplier and landlord trust has been burned during the process we re welcome has been getting into trouble and it appears to be those suppliers wanted confirmation of their debts would be cleared that they would have the money they owed paid back to them in full
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