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Toys R Us UK rescued from brink of collapse, saving 2500+ jobs

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Toys R Us UK has been saved from the brink of collapse after an overwhelming majority of creditors voted in favour of the retailer’s updated restructuring plan, which will save around 2500 jobs. New terms under the company voluntary agreement (CVA) sees Toys R Us agreeing to pay £9.8 million into its pension scheme. This includes £3.8 million in 2018, and a further £6 million over 2019 and 2020

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Toys R Us UK rescued from brink of collapse, saving 2500+ jobs

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