Live updates

Advertisement

Tories must 'get to grips' with high street challenge

Angela Eagle said UK high streets face a Credit: PA

Shadow business secretary Angela Eagle urged the Government to "get to grips with the challenges facing our high streets" on Monday.

The Labour MP said the issue was highlighted by retail giant BHS's decision to go into administration.

She said BHS's 11,000 employees would be "deeply concerned" by the move.

"The events at BHS highlight the need for the Tory Government to get to grips with the challenges facing our high streets", Ms Eagle said.

“Reports suggest that the business which has accumulated a pension black hole of £571 million, paid out hundreds of millions of pounds in dividends to shareholders under the former owners.

"BHS workers who are facing redundancy and cuts to their pensions will rightfully be raising questions about whether this was appropriate".

Advertisement

Load more updates