Shadow Secretary of State for Work and Pensions Liam Byrne MP has said the announcement of some 2,200 job losses at JJB Sports is "very grim for Britain".
Thousands of jobs were lost today at the sports retailer after administrator KPMG closed 133 stores and sold the remaining 20 to rival Sports Direct International.
JJB's collapse will serve as another blow to the high street after recent high-profile casualties including video games retailer Game Group and fashion chain Peacocks.
The JJB name will vanish from the high street as Sports Direct intends to convert all stores as part of the deal, in which it also acquired all of the company's stock and the Slazenger Golf brand.
More top news
Schools in London, Brighton and Newcastle were among those closed after bogus security threats.
The World Health Organization said postponing the 2016 Games would not 'significantly alter' the spread of the Zika outbreak.
Employment Minister Priti Patel has launched a scathing attack on the government's 'chaotic' immigration controls.