Former BHS boss Philip Green told he does not know ‘decent behaviour’

Former BHS boss Philip Green has been branded the “unacceptable face of capitalism” as a parliamentary inquiry found he extracted huge sums from the collapsed 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 cuts to their benefits.

While the committees were damning about Dominic Chappell, who bought BHS for £1, and the “directors, advisers and hangers-on” associated with the deal, they said ultimate responsibility lay with Green.