Ex-BHS owner Philip Green branded 'unacceptable face of capitalism'

"What kind of man is it who can count his fortune in billions but does not know what decent behaviour is?"

Ex-BHS owner Philip Green branded 'unacceptable face of capitalism'

Former BHS boss Philip Green has been branded the "unacceptable face of capitalism" as a UK parliamentary inquiry found he systematically extracted huge sums from the collapsed store group while leaving its pension fund in deficit.

In an excoriating joint report, two Commons select committees accused the entrepreneur of seeking to blame anyone but himself for the firm's failure and said he has a "moral duty" to make a "large financial contribution" to the 20,000 pensioners facing substantial cuts to their benefits.

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited