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| Version 1 | Version 2 |
|---|---|
| BHS disappears from high street as final stores close their doors | BHS disappears from high street as final stores close their doors |
| (7 days later) | |
| Department store BHS is expected to disappear from the high street today as its last stores close, ending 88 years of British retail history. | Department store BHS is expected to disappear from the high street today as its last stores close, ending 88 years of British retail history. |
| Administrators to the department store chain are set to shut 22 stores, the last of more than 150 branches nationwide. | Administrators to the department store chain are set to shut 22 stores, the last of more than 150 branches nationwide. |
| Duff & Phelps and FRP Advisory have already overseen 141 closures over recent weeks, including BHS's flagship Oxford Street store in London's West End. | Duff & Phelps and FRP Advisory have already overseen 141 closures over recent weeks, including BHS's flagship Oxford Street store in London's West End. |
| The department store's collapse in April has affected 11,000 jobs, 22,000 pensions, sparked a lengthy parliamentary inquiry and left its high-profile former owners potentially facing a criminal investigation. | The department store's collapse in April has affected 11,000 jobs, 22,000 pensions, sparked a lengthy parliamentary inquiry and left its high-profile former owners potentially facing a criminal investigation. |
| Retail billionaire Sir Philip Green has borne the brunt of the public fallout, having been branded the "unacceptable face of capitalism" by furious MPs. | Retail billionaire Sir Philip Green has borne the brunt of the public fallout, having been branded the "unacceptable face of capitalism" by furious MPs. |
| Sir Philip owned BHS for 15 years before selling it to serial bankrupt Dominic Chappell for £1 in 2015. | Sir Philip owned BHS for 15 years before selling it to serial bankrupt Dominic Chappell for £1 in 2015. |
| Sir Philip has come under fire for taking more than £400 million in dividends from the chain, leaving it with a £571 million pension deficit and for selling it to a man with no retail experience. | Sir Philip has come under fire for taking more than £400 million in dividends from the chain, leaving it with a £571 million pension deficit and for selling it to a man with no retail experience. |
| Veteran Labour MP Frank Field has asked the Serious Fraud Office (SFO) to launch a formal investigation into the pair to ascertain if any criminal wrongdoing occurred during the sale of the chain and throughout their respective ownerships. | Veteran Labour MP Frank Field has asked the Serious Fraud Office (SFO) to launch a formal investigation into the pair to ascertain if any criminal wrongdoing occurred during the sale of the chain and throughout their respective ownerships. |
| It has also emerged that Mr Field is probing Sir Philip's Arcadia retail empire, which includes Topshop. | It has also emerged that Mr Field is probing Sir Philip's Arcadia retail empire, which includes Topshop. |
| Press Association | Press Association |