Motion to strip ex-BHS boss Sir Philip Green of knighthood approved

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© Euro Weekly News
Sir Philip Green, former boss of BHS.

MPs have approved a motion to strip the former BHS boss Sir Philip Green of his knighthood. A final decision will be made by the Honours Forfeiture Committee. The multi-millionaire has been subjected to harsh criticism since BHS collapsed with the loss of 11,000 jobs and a pension deficit of more than £570m.

Veteran Labour MP David Winnick, who represents Walsall North, called the businessman “a billionaire spiv who has shamed British capitalism”. Labour’s Frank Field who chairs the Work and Pensions Committee, has been pressing the Pensions Regulator to take legal action against the tycoon who was knighted in 2006 for services to the retail industry.

But in a report commissioned by Sir Philip, MPs were accused by two senior QCs of making “serious factual and legal errors” in their report into the BHS affair. Prior to its eventual collapse the company was sold to businessman Dominic Chappell for £1.

5 COMMENTS

  1. Well this is a move forward, now they just need to do the same with politicians who are caught out doing what is not expected of them as well… but I’m not holding my breath 🙂

  2. Why is it always the little people that suffer at the hands of these Capitalistic Bastards. Him and his wife have ruined so many lives and dreams of a comfortable retirement because of their greed.
    Something very nasty should happen to them and all their assets seized and returned to the appropriate funds for redistribution to the people who he stole it from.
    All of his accomplices should be made to suffer.
    I know several people that can take care of business and they are willing to work for FREE.
    Let me know what you think.

  3. Why is it that if you have money you can get away with murder.
    All these money grabbing b’s should lose the lot that they have swindled other people of
    kay

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