The fate of ailing department store BHS is likely to be decided later on Thursday, with an announcement expected from administrators Duff & Phelps.BHS entered administration in April. Since then, efforts have been continuing to rescue it from closure and save the jobs of its 11,000 staff.
Last week, a surprise late bid led by retail veteran Greg Tufnell transformed the race to acquire the retailer.
His team, said to be backed by Portuguese money, is the front-runner.
But if a deal cannot be struck, the business may still have to be liquidated.