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The Daily Verified Briefing

Markets

TG Jones seeks creditor approval, plan to close 150 stores

Published 22 June 2026

A major UK high street retailer faces potential insolvency unless creditors approve a drastic restructuring plan later this month. TG Jones, the company formed from the former high street and online operations of WH Smith, has warned it will run out of cash if a court does not sanction a proposal to close up to 150 of ...

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