BHS closes its doors for last time
After 88 years of being on the high street, BHS has finally closed its doors for the last time. BHS announced it was going into liquidation back in April this year, putting which would lead to around 11,000 people losing their jobs and 22,000 pensions being put at risk. It also saw previous owner Sir Philip […]
What will happen to the BHS employees?
BHS went into Administration on the 25th April 2016. Administration is an insolvency process (when a company does not have enough to pay what it owes to its creditors), usually lasting a year and is an option when, for example, it’s possible to “rescue” the company as a “going concern”. What does it mean for […]