Wilko

(asked on 5th December 2023) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask the Secretary of State for Levelling Up, Housing and Communities, what lessons for the protection of high streets his Department has learned from the collapse of Wilko.


Answered by
Jacob Young Portrait
Jacob Young
Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
This question was answered on 13th December 2023

Government has no role in the strategic direction or management of private companies, but we understand that the failure of a business is very difficult for all involved, especially employees.

We recognise the importance of the retail sector and its significance for employment and the economy. Government will continue to work with retail businesses, including those taking over Wilko’s assets as well as through the industry-led Retail Sector Council to determine the sector’s long-term strategic needs. We want all types of retail to thrive now and in the future.

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