Shutters come down on BHS after no buyer is found for the retail chain

BHS is to disappear from the high street, resulting in the loss of up to 11,000 jobs, after administrators failed to find a buyer for the retailer.

The business will be wound down and all BHS's 163 shops will close and be sold off to other retailers. Administrator Duff & Phelps said that 8,000 permanent jobs are likely to be lost and another 3,000 not directly employed by BHS are also at risk.