Commenting on the latest developments with House of Fraser, Helen Dickinson OBE, Chief Executive of the British Retail Consortium said:

"This is a critical period for the retail industry, caused by a perfect storm of pressures including rising costs and new technology changing how people shop.

“How much more news like this will it take before the government acts to support retailers by cutting the business rates bill?

"A two year freeze in rates increases would be a good place to start."