Around 11,000 staff are waiting to hear if they will still have a job if a buyer can be found for the 86-year-old year-old chain after it went into administration on Monday.
But several current and former employees have already registered as creditors ahead of the firm’s negotiations to enter a creditors voluntary arrangement (CVA) to avoid being declared insolvent earlier this year due to its £1.3billion liabilities, including more than a £570million pension deficit.
Of the thousands of creditor names detailed in a CVA report filed to Companies House by the chain, the bulk of those listed are individuals owed from less than £100 to several thousand pounds each.
These include Adam Crawford-Taylor, a menswear buyer for BHS based in London s…
Read the full article at: http://www.express.co.uk/news/uk/665068/BHS-staff-already-owed-millions-in-unpaid-wages-by-beleagured-retail-chain