A major high street retailer has launched a huge sale at its Ipswich store after the chain fell into administration.

Wilko announced last week that it had appointed administrators after failing to secure a rescue deal which has seen more than 400 stores and 12,000 jobs put at risk across the UK.

A few weeks ago, Wilko chief executive officer Mark Jackson shared that the company had "no choice" but to file for potential insolvency.

The homeware retailer has stores in Ipswich, Bury St Edmunds, Lowestoft and Mildenhall.

Now the store in Ipswich is holding a huge administration sale. 

It has been reported that administrators from PwC set a deadline of Wednesday for the first round of offers for the firm.

It is understood that initial bids will then be whittled down to a reduced number of more serious options, with a second round of the process due to start today.

No timeline has been revealed for how long the entire administration process will take.