McColl’s shares surge 70% higher despite continued talks with lenders

// The news follows talks with banks McColl’s has been having since February in a bid to secure future survival

Embattled symbol group retailer McColl’s has revealed a 71% rise in share price to 3.4p.

The group said it knows of no reason of the sudden surge, as in February, its price plummeted to as low as 1.5p, following fears the grocer might collapse.

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