Former WHSmith chain TG Jones faces insolvency threat as court ruling delayed

TG Jones, the former WHSmith high street business, is facing fresh fears over its future after a High Court judge delayed a decision on its restructuring plan.
The retailer, which was bought by Modella Capital last year and rebranded from WHSmith, warned it could struggle to meet millions of pounds of payments due this week without approval for the rescue plan, The Telegraph reported.
Mr Justice Hildeyard said he needed more time to consider the complex case, leaving the future of the business h