BHS collapses into administration as rescue deal fails

Administrators Duff & Phelps will keep stores open as they try to find a buyer for the department store chain Are you affected? BHS has officially collapsed into administration after failing to agree a last-minute deal to rescue the department store chain. The collapse of the retailer, which employs 11,000 people, is the biggest failure on the high street since the demise of Woolworths in 2008. Continue reading...

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