Morrisons has tabled a last-minute rescue deal to save struggling convenience store chain McColl’s.
The group warned on Thursday, May 5, it it was looking "increasingly likely" it could tumble into administration, putting the future of 1,100 shops and 16,000 employees at risk.
According to the PA news agency, Morrisons has now approached PwC, who are advising lenders to McColl’s. This would save the vast majority of jobs and stores.
