The Trade and Industry Minister has promised to help Woolworths employees on the Isle of Man if they lose their jobs as a result of the chain going into administration.
Woolworths has been struggling under a huge debt, its problems compounded in recent months as credit lines were closed and the company was forced to pay cash for its supplies.
David Cretney says his department will do everything they can once the picture becomes clearer (audio file attached):
"He enjoyed hearing the Manx national anthem!": King greets guests at Government House
His Majesty meets representatives of the Manx community at Garden Party
Crowds gathered in glorious sunshine to see the Monarch
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Updates from the Lord of Mann's first visit to the Island since ascending to the throne
King speaks of Island's 'enduring partnership' with the crown
King Charles III spoke in Tynwald this lunchtime