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BHS departs the high street with loss of up to 11,000 jobs

6 June 2016 - Janet Bird

bhs job losses

The questions and recriminations over the collapse of high street giant BHS may show no signs of abating, but for up to 11,000 staff the end has almost definitely come.

The announcement that, despite weeks of discussions and negotiations with a range of interested parties, no buyer had been found for the 88-year-old department store chain dashed the last remaining hopes of 8,000 permanent BHS staff for a reprieve. Another 3,000 staff not directly employed by BHS are also now at risk.

Administrators Duff and Phelps are focused on ensuring "an orderly wind down" of the business before all 163 stores close their doors for the last time.

Meanwhile, MPs are poised to question Dominic Chappell, former racing driver and owner of BHS until it collapsed into administration.

In what is likely to a be an acrimonious exchange, MPs will focus on how Chappell a three times bankrupt came to purchase BHS from Top Shop tycoon Sir Philip Green for £1 last year and on how much money his consortium Retail Acquisitions took out of the business before its collapse.


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