Specialist restructuring firm Hilco has confirmed it has struck an agreement with HMV administrators Deloitte to buy the company, in a deal that should secure 2,500 jobs.
The deal will keep 141 shops open, including nine in the East Midlands and 12 in the West Midlands.
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After a wet and windy start, rain will clear to the north to leave it dry, with easing winds but largely cloudy skies.
Early rain will clear northwards during the morning, allowing drier conditions behind.
Thousands of patients have had their operations and appointments cancelled despite a strike by junior doctors being called off.