Closure of BHS & Austin Reed risks having a knock-on impact on the supply chain and other local businesses - Bill Esterson
Bill Esterson MP, Shadow Minister for Business, Innovation and Skills, commenting on the announcement that BHS is about to be placed into liquidation, said:
“This will come as a devastating blow for the 11,000 BHS staff and their families. Our thoughts are with them at this difficult time. The Government should act fast to ensure the staff affected are able to find a new job.
“The closure of BHS and Austin Reed risks having a knock-on impact on the supply chain and other local businesses.
"In two weeks Sir Philip Green, the former owner of BHS, will be appearing at the House of Commons joint Select Committee enquiry. The staff will want answers about how things went so badly wrong on his watch.
"But given the similarities with the collapse of other retail giants, such as Comet, they will also want to hear what the Tory Government is doing to support the great British high street.”
(via labourpress)
