Comment on Wilko collapses into administration putting 12,000 jobs at risk

• tenebrisnox@feddit.uk ⁨1⁩ ⁨year⁩ ago

  It’s been reported in several places. For example:

  “Despite its problems, owners of the chain, led by the Wilkinson family, took £3m in dividends in the 12 months to the end of February 2022.”

  from Today’s Guardian

  source

  • soyagi@yiffit.net ⁨1⁩ ⁨year⁩ ago

    Thanks! This definitely puts the whole situation in a bit different light, doesn’t it.

    source
• tenebrisnox@feddit.uk ⁨1⁩ ⁨year⁩ ago

  Just reported that - yes - the family were looting Wilco for years. £77 million funnelled out of the company.

  Wilco paid 77m to owners before collapse

  source