8 years, 11 months ago

BHS collapse: Sir Philip Green called to answer questions before MPs

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. Read our privacy policy Sir Philip Green will be called to answer questions in front of MPs about the collapse of BHS. Frank Field MP, who chairs the Work and Pensions Committee, has said that Sir Philip will be "invited to give evidence" before MPs about the BHS pension scheme, which is running a £571 million deficit. Tory MP Richard Fuller accused Sir Philip of being a Judas by “betraying” employees and pensioners, while his Tory colleague Mark Field called for an urgent inquiry into his conduct. Iain Wright, Labour chairman of the Business, Innovation and Skills Committee, said: “It cannot possibly be right that Sir Philip Green, as the previous owner of the company, loaded it up with debt, did not invest in the business and paid his wife over £400 million in dividends via the tax haven of Monaco.” BHS went into administration on April 25, putting 11,000 jobs at risk and threatening the future of 164 UK stores.

The Independent

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