Frank Field MP
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Frank Field MP: Fears for 'orphaned' BHS pension scheme

Attempts to rescue BHS have failed and the company is to be wound down.

It is likely to mean the loss of 11,000 jobs and the closure of hundreds of stores on Britain's high streets.

Work and pensions committee chairman Frank Field said it was "appalling news" on both the jobs and pensions front.

Go to next video: 'Sadness and shock' as BHS rescue bid fails