DEPARTMENT store House of Fraser has announced it will close its King William Street branch at the north side of London Bridge.
The closure is one of 31 branches which the troubled-retailer has announced will be shutting down with even the Oxford Street branch not escaping the cull.
House of Fraser chief executive Alex Williamson admitted to the BBC that the proposed rescue package was “brutal” and “very dramatic for people” that work at the stores.
The imposing City of London House of Fraser building was previously known as the Guardian Insurance Building and sits at the junction of Cannon Street, King William Street and Gracechurch Street..
The Grade II-listed building was built in the early 1920s and converted into a department store early in the 2000s.
The full list of stores facing closure is:
- Edinburgh Frasers
- High Wycombe
- Leamington Spa
- London Oxford Street
- London King William Street
- Milton Keynes