House of Fraser said the shops earmarked for closure, including its Oxford Street store, would remain open until early 2019.

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It was voted through even though landlords felt they were being forced take the fall at the same time House of Fraser enjoys new investment.

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Despite their protests, a representative for two of House of Fraser's landlords said there had been "no give" from the top team.

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House of Fraser boss Alex Williamson had warned that the store closures and job losses represented the "last viable" option to save the retailer, with the group at risk of collapse had the CVA been rejected.

It's the latest blow to the high street as retailers struggle with rising business rates, competition from online rivals and a slowdown in consumer spending.

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They complained that their share of the vote had been structured unfairly in an attempt to push through the restructuring proposal.

Will Wright, from KPMG - the firm behind the CVA - said that the deal provides the retailer with "breathing space" to turn the business around.

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The struggling department store chain will close 31 out of its 59 outlets - including the Princes Street store in Edinburgh - in a bid to sort out its finances

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Meanwhile, baby chain Mothercare is reportedly considering whether to close up a third of its stores as it struggles to survive on the high street.

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At the meeting, furious landlords berated House of Fraser's management and their advisers at KPMG over how the CVA was conducted.

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Alongside the CVA, Hamleys owner C.banner is being lined up to buy a 51 per cent stake in the firm and invest £70 million into what remains of the business.

It follows similar moves taken by New Look and Carpetright, which are expected to close 60 and 92 stores respectively, putting hundreds of jobs at risk.

HOUSE of Fraser has been given the go ahead from creditors to axe more than half of its stores, resulting in up to 6,000 job losses.

House of Fraser secured the backing of more than 75 per cent of creditors, including landlords, for the CVA at a meeting on Friday.

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The struggling department store chain will close 31 out of its 59 outlets - including the Princes Street store in Edinburgh - through a Company Voluntary Arrangement (CVA) in a bid to sort out its finances.

The retailer also plans to relocate its Baker Street head office and the Granite House office in Glasgow to help slash costs and "secure House of Fraser's future".