Morrisons makes last minute bid to save McColl's

Published7 minutes ago

Supermarket giant Morrisons has proposed a last-minute rescue deal for McColl's, the convenience store chain which is on the brink of collapse.

McColl's warned last night that unless it secured more funding, administration was increasingly likely.

A deal with Morrisons would potentially secure 16,000 jobs at the embattled retail chain.

Morrisons is in a partnership with McColls with more than 200 Morrisons Daily convenience stores.

The BBC understands that its aim is to save as many stores and jobs as possible.

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