26/04/2016

200 Jobs At Risk After BHS Enters Administration

Northern Ireland's four British Homes Stores (BHS) have been taken over by administrators putting up to 200 jobs at risk.

It is understood that the stores – in Belfast, Holywood, Newtownabbey and Lisburn – will continue to trade while administrator, Duff & Phelps, seek a buyer for the retail chain.

Should a buyer not be found and the retail chain collapses it is understood that up to 30,000 jobs across the UK would be lost.

The failure of BHS would be the largest High Street collapse since the closure of Woolworths on 2008.

(MH)

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