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'No one to blame' for BHS collapse

BHS in Sutton Coldfield Credit: ITV News Central

Hundreds of jobs are at risk across the Midlands as BHS has confirmed it is going into administration.

It comes less than a month after the struggling retailer was granted a lifeline by creditors who agreed a plan to reduce the rent on some of its high street stores.

BHS owner, Dominic Chappell, insisted no one was to blame:

"No one is to blame. It was a combination of bad trading and not being able to raise enough money from the property portfolio.

"In the end, we just couldn't reach an agreement with Arcadia over pensions."

– Dominic Chappell
BHS in Sutton Coldfield Credit: ITV News Central

The beleaguered high street chain will file for administration today, threatening almost 11,000 jobs.

BHS in Sutton Coldfield Credit: ITV News Central

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BHS goes into administration

BHS has gone into administration, the retailer has confirmed, with employees being told about the process later this morning.

ITV News Business Producer Joanna Partridge tweeted:

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