8 years, 9 months ago

8 questions Sir Philip Green failed to answer from MPs about the BHS collapse

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mr Iain Wright MP, who chairs the Committee, said that Sir Philip's “thin-skinned” approach might raise corporate governance issues, if his directors felt unable to raise issues about the sale of BHS. Project Thor is the plan Sir Philip drew up to address the BHS pension deficit about six months before the chain was sold. Sir Philip looked hurt at this and said: “I’ve never tried to run away.” But we never got any closer to those pension contributions. MP Richard Graham suggests Sir Philip sold BHS to get rid of the pension liability after Project Thor was unsuccessful.

The Independent

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