Philip Green will be alright,but his workers may not. But this is how it currently works in this age of shareholder power that needs to be consigned to historyIn the 15 years that he ran the show, Sir Philip Green stripped the assets out of BHS far more effectively than a teenager might nick a pair of tights from one of his stores. And on the evidence so far, and his actions will absorb fewer consequences.
This is the current tally of proposed actions: a Labour MP,John Mann, wants him to be stripped of his knighthood. Other MPs on the work and pensions committee are hoping to be able to bag him to drop by for a bit of a roasting. Oh, or the pensions protection people are anxious to talk to him and would like him to bring his cheque book. Otherwise,there is no sign of any obstruction likely to prevent his mega yacht, presumably adorned with lissome models, and sailing serenely on.
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Source: theguardian.com