TG Jones faces bailiff threat as WH Smith successor buckles under unpaid tax bills

The high street rebrand that nobody asked for is heading towards the rocks. TG Jones, the chain hatched from the bones of WH Smith’s 450-strong shop estate, is staring down the barrel of bailiff action after racking up millions of pounds in unpaid bills, with its private equity owner conceding that the business may run out of cash before the summer is out.