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Future of Wilko staff in limbo as deadline for rescue bid passes

Collapsed budget retailer’s 12,500 workers wait to hear whether buyer emerged by Wednesday night

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The future for Wilko’s 12,500 staff hung in the balance on Thursday as they waited to hear whether a serious bidder for the cut-price chain had emerged.

Interested parties in the household goods chain, which has 400 stores, had until Wednesday night to put forward their best offers for the company which called in administrators last week as it faced running out of cash.

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