Former Wilko owner does not expect to help fix pension hole

Wilko store exterior

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The former owner of Wilko has said it does not expect to help fix the estimated £70.2m pension hole following the retailer’s collapse last year.

According to new documents, Amalgamated Holdings Wilkinson Limited (AHWL), the parent company of Wilko owned by the Wilkinson family, said its directors “do not believe there is a liability for AHWL in respect to any (pension) deficit arising” after seeking legal advice, the Financial Times has reported.

 

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