Debenhams is on the brink of collapse as bosses confirm it has filed a notice of intent to appoint administrators, affecting around 22,000 workers.
The move from the 242-year-old retailer, is designed to shield the struggling company from legal claims from creditors during the period of the coronavirus outbreak.
In a statement, Debenhams said: "Department store group Debenhams today has filed a Notice of Intent to appoint an administrator in the UK. "This move will protect Debenhams from the threat of legal action that could have the effect of pushing the business into liquidation while its 142 UK stores remain closed in line with the government's current advice regarding the Covid-19 pandemic. "The group is making preparations to