London, UK. 11th August, 2017. Wilko puts 3,900 staff at risk of redundancy. Wilko's most recent accounts reveal that its pre-tax profits crashed by 80pc in the year to January 28, after a £ hit from a jump in costs associated with the sterling slump following the EU Referendum. Wilko also criticised the introduction of the National Living Wage, which it said "was well above expected levels" and had hurt discount retailers. Credit: JOHNNY ARMSTEAD/Alamy Live News

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Keywords: crash, fall, front, profits, reduction, redundancies, risk, shop, shoppers, staff, wilko