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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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Intelligent Energy proposing to cut 200 jobs

A technology company based in Loughborough is proposing to cut 200 jobs, according to reports.

Proactive Investors said Intelligent Energy is also planning the closure of some offices, with the majority of the job losses expected to take place in the UK.

It is reported that the hydrogen fuel cells group will now focus on its smaller applications for its technology such as drones and powering mobile phone towers.

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