Suffolk's Wilko stores are not at an immediate risk of closure as the chain announced it is on the brink of collapse. 

The high street household and garden firm has stores in Ipswich, Bury St Edmunds, Lowestoft and Mildenhall and has filed to appoint administrators, putting 12,000 jobs at risk across the country.

However, a spokesman for Wilko has said there are no immediate plans to close stores. 

The spokesman said: "There are no immediate store closures planned as a result of the announcement today, and the business continues to trade as usual during this period.”

After the news of the firm's intention to appoint administrators, chief executive officer Mark Jackson said: “While we can confirm we’ve had a significant level of interest, including indicative offers that we believe would meet all our financial criteria to recapitalise the business, at present, we don’t today have an offer that provides the necessary liquidity in the time we have available, given the mounting cash pressures we’re faced with.

“Unfortunately, with this in mind, today we’re having to take the difficult decision to file a notice of intention.

“We’ll continue to progress discussions with interested parties with the aim of completing a transaction which preserves the business and will encourage those interested parties we’re in discussions with to move as fast as possible."