BHS flagship store on Oxford Street closes its doors for the final time

The flagship BHS store on London's Oxford Street has been closed for the final time.

The branch is one of 58 stores closing over the next week, as administrators call time on the 88-year retail chain.

Hundreds of last-minute shoppers picked up bargains from the remaining stock.

With 11,000 jobs and 22,00 pensions at risk, employees spoke of their fears for the future on their last ever shift.

Maira Estupinan, 39, said: "I'm very sad, for myself and everyone losing their jobs. I have worked with so many lovely people here, a lovely manager, and I'm so upset to leave."

Duff & Phelps and FRP Advisory have already overseen 105 closures over the past weeks.

The last of BHS's total 163 stores are scheduled to close on August 20.

The retail chain's failure prompted a high-profile parliamentary investigation, with former owner Sir Philip Green branded as "the unacceptable face of capitalism".

Sir Philip owned BHS for 15 years before selling it to serial bankrupt Dominic Chappell for £1 in 2015.

Sir Philip was heavily criticised for taking more than £400 million in dividends from the chain, leaving it with a £571 million pension deficit and for selling it to a man with no retail experience.

Labour MP Frank Field called on the Serious Fraud Office to launch a formal investigation into both Sir Philip and Chappell to determine if they are liable for any criminal wrongdoing.

"The central concern that emerged from our inquiry was the rushed sale of a struggling high street institution to manifestly unsuitable buyers," Field said.

"There is no way someone with Sir Philip Green's experience believed they were anything but."