6th May 2022 15:07
Smiths News PLC - Swindon, England-based newspaper and magazine wholesaler - Notes confirmation earlier on Friday that McColl's Retail Group PLC has entered administration. Smiths serves around 600 McColl's stores, posing a GBP6 million to GBP7 million bad debt risk, with GBP1.2 million currently overdue, it notes. Says banking covenants will not affected by the news. Read More
