500 jobs at risk as LK Bennett collapses into administration

LK Bennett has become the latest victim of the high street downturn after collapsing into administration, putting about 500 jobs at risk. The upmarket fashion retailer, which has 41 shops and 480 staff, announced last week that it could enter administration unless funding is found to keep it afloat as it struggled with soaring business rates. Five stores - Brent Cross and Westbourne Grove in London, Meadowhall in Sheffield, as well as Bristol and Liverpool - will close immediately. Workers at the stores as well as some in head office have been made redundant immediately by ad