Financial Times – Wilko to close remaining 300 stores with 12,500 job losses as rescue mission fails 

The Financial Times reports on the fallen retailer Wilko, which is set to close its remaining stores – leading to thousands of redundancies. The paper says Wilko will “disappear from the high street next month” as another rescue deal fell through. Around 300 of the flagship stores are due to close, leading to some 12,500 redundancies. The chain’s collapse is “a further blow to hollowed-out high streets across the UK”, the paper adds.

The front page also reports the number of deaths following the destructive earthquake in Morocco has hit 2,700. It pictures destroyed homes in Amizmiz, Morocco, following the devastating quake.