You may be aware that two Parliamentary committees recently published a joint report into the collapse of BHS. This case shows why the Government is determined to tackle corporate irresponsibility, and reform the economy so it works for everyone not just the privileged few.
The report was very concerning, and the Insolvency Service is now carrying out an accelerated investigation. Job Centres are also standing by to provide support and advice to those who were affected by the closure of BHS. In the long run, we need to do more to prevent this kind of irresponsible and reckless behaviour.
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