No dividend for Bhs boss after sales decline

British retail tycoon Philip Green today resisted the temptation to pay himself a dividend from his Bhs empire, after sales and profits went into reverse.

Operating profits of £105.1m (€153m) banked during the 53 weeks to April 2 were kept within the business, after Mr Green declined to repeat the £199.5m (€290.4m) dividend payout of last year.