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
Billionaire Microsoft co-founder Paul Allen has claimed discovery of the Japanese battleship Musashi that was sunk by the US Navy in 1945.
Friday will be mostly dry with sunny spells for much of the UK. Temperatures will be mild across the country.
Some famous Liberal Democrat names will be fighting for their political lives in the election, now just over two months away.