DEBENHAMS is reportedly on the brink of collapse and could go into administration next week putting more than 22,000 jobs at risk.

Last week the major department store put most of its employees on furlough and now it could seek the help of administrators from next week.

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There are two stores in Oxfordshire - one on Magdalen Street in the centre of Oxford and one in Witney, which closed in January this year due to financial struggles.

While Debenhams' website is still working, the company shut down its 142 branches across the UK following announcement of lockdown.