Sir Philip Green
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costello
candyfloss
Freedom
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Is losing his knighthood enough punishment for Philip Green
Sir Philip Green
We don't seem to have a topic already about the McCanns' one-time supporter; that appears to be the least of his crimes now!
http://home.bt.com/news/uk-news/ex-bhs-owner-sir-philip-green-branded-unacceptable-face-of-capitalism-11364075345341
http://home.bt.com/news/uk-news/ex-bhs-owner-sir-philip-green-branded-unacceptable-face-of-capitalism-11364075345341
Freedom- Moderator
- Posts : 18181
Join date : 2014-08-17
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Re: Sir Philip Green
Despicable man, yet Piers Morgan defended him on This Morning saying .....
He said: "I know him and he feels very bad about all of this.
Ah well that's alright then isn't it!!!! He should pay this money back immediately, stripping him of his title is nowhere near enough. As others have commented, if it were any of us would be in jail.
He said: "I know him and he feels very bad about all of this.
Ah well that's alright then isn't it!!!! He should pay this money back immediately, stripping him of his title is nowhere near enough. As others have commented, if it were any of us would be in jail.
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candyfloss- Admin
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Re:Sir Philip Green.
I don't believe he is showing any remorse, no doubt just the fact he was found out. Not sure if I have the facts right here, but didn't he put the money from the sale of BHS in his wife's name and then ordered 'another' yacht? It really is a disgrace!
costello- Posts : 2410
Join date : 2014-08-31
Re: Sir Philip Green
https://you.38degrees.org.uk/petitions/strip-philip-green-of-his-knighthood?bucket=blast
A self-explanatory petition.
A self-explanatory petition.
Freedom- Moderator
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Re: Sir Philip Green
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Sometimes you will never know the true value of a moment until it becomes a memory.......... Dr Seuss
candyfloss- Admin
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Re: Sir Philip Green
_________________
Sometimes you will never know the true value of a moment until it becomes a memory.......... Dr Seuss
candyfloss- Admin
- Posts : 12561
Join date : 2014-08-18
Age : 72
Re: Sir Philip Green
Oh dear, whilst holidaying on his yacht he didn't like being questioned!!! Time he did!
Great video, wow, what a yacht, shame about all those pensions.
Go Away! Sir Philip Green's Anger At BHS Questions
http://news.sky.com/story/philip-green-10540903
Great video, wow, what a yacht, shame about all those pensions.
Go Away! Sir Philip Green's Anger At BHS Questions
http://news.sky.com/story/philip-green-10540903
_________________
Sometimes you will never know the true value of a moment until it becomes a memory.......... Dr Seuss
candyfloss- Admin
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Re: Sir Philip Green
candyfloss wrote:Oh dear, whilst holidaying on his yacht he didn't like being questioned!!! Time he did!
Great video, wow, what a yacht, shame about all those pensions.
Go Away! Sir Philip Green's Anger At BHS Questions
http://news.sky.com/story/philip-green-10540903
One comment from the msn website.....
Lily Lurcher ·
For the first time I agree with someone being doorsteped (Yachtmooring-ed) by a journalist, please get him, goad him, really annoy him make his life miserable....... Until he tells us where the money is!!
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candyfloss- Admin
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Re: Sir Philip Green
Yep, too right she should.
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candyfloss- Admin
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Re: Sir Philip Green
'Billionaire spiv' Sir Philip Green beat BHS 'black and blue', say MPs
http://news.sky.com/story/billionaire-spiv-sir-philip-green-beat-bhs-black-and-blue-say-mps-10624615
Disgraced tycoon Sir Philip Green was denounced as a "billionaire spiv", a "Napoleon" and a "Robert Maxwell" by MPs as they approved an amendment to have him stripped of his knighthood.
They said the businessman did not deserve the honour after he "robbed" BHS employees of their pensions and "beat it black and blue".
Speaking in the House of Commons, Labour MP Frank Field said Sir Philip was not the "King of the High Street" but a "successful asset stripper".
:: Sir Philip Green yet to make pensions proposal
BHS collapsed in April after Sir Philip sold it to the twice bankrupt Dominic Chappell.
Eleven thousand workers lost their jobs and 22,000 pensioners were hit by a £571m black hole in the pension fund.
Despite assuring MPs four months ago that he would act to help the pensioners, Sir Philip has provided no concrete proposals.
Conservative MP Richard Fuller moved the amendment for the Honours Forfeiture Committee to recommend Sir Philip be stripped of his knighthood.
He said the tycoon, who was knighted in 2006 for services to retail, had the summer to "find his moral compass" but failed to do so.
Labour MP David Winnick said Sir Philip was a "billionaire spiv who had shamed British capitalism".
He said it was astonishing the businessman had been ennobled in the first place given his "well-known tax arrangements" that saw him pay "minimal tax" in the UK.
In the main, Sir Philip's business is in his wife's name and she is resident in the tax haven of Monaco.
MPs said BHS has been run as a Green family fiefdom and £1.3bn had "found its way" up to Lady Green.
Chairman of the work and pensions select committee, Mr Field, said Sir Philip Green had not "rescued" BHS, which would have marked its 90th anniversary in 2018, when he bought it.
He said he had purchased a "prosperous" firm with a healthy pension fund.
His ownership had allowed him to acquire the Arcadia group, whose "crown jewels" was Topshop.
Labour MP Iain Wright said Sir Philip "took the rings from BHS's fingers. He beat it black and blue.
"He starved it of food and water and put it on life support. And then he wanted credit for keeping it alive."
Veteran Labour MP Dennis Skinner likened Sir Philip to the late media mogul Robert Maxwell saying that he had "robbed" employees.
In August, Sir Philip reacted angrily when Sky News tried to quiz him on his failure to act as he holidayed on his £100m yacht, Lionheart, in the Greek islands.
Business minister Margot James said the Prime Minister was willing to pass further legislation if necessary as a result of the outcome of investigations into BHS.
She said BHS directors were being investigated and action would be taken if they were found to have failed to act appropriately.
Shadow business secretary Clive Lewis said that legally Mr Green had done nothing wrong but that the "bent" system had allowed him to act as he had.
He said the law must be changed to "make sure this never happens again".
In her Conservative Party Conference speech, Theresa May put businessmen who "treat tax laws as optional extras" on notice and hit out at the bosses who "earn a fortune but doesn't look after your staff".
http://news.sky.com/story/billionaire-spiv-sir-philip-green-beat-bhs-black-and-blue-say-mps-10624615
Disgraced tycoon Sir Philip Green was denounced as a "billionaire spiv", a "Napoleon" and a "Robert Maxwell" by MPs as they approved an amendment to have him stripped of his knighthood.
They said the businessman did not deserve the honour after he "robbed" BHS employees of their pensions and "beat it black and blue".
Speaking in the House of Commons, Labour MP Frank Field said Sir Philip was not the "King of the High Street" but a "successful asset stripper".
:: Sir Philip Green yet to make pensions proposal
BHS collapsed in April after Sir Philip sold it to the twice bankrupt Dominic Chappell.
Eleven thousand workers lost their jobs and 22,000 pensioners were hit by a £571m black hole in the pension fund.
Despite assuring MPs four months ago that he would act to help the pensioners, Sir Philip has provided no concrete proposals.
Conservative MP Richard Fuller moved the amendment for the Honours Forfeiture Committee to recommend Sir Philip be stripped of his knighthood.
He said the tycoon, who was knighted in 2006 for services to retail, had the summer to "find his moral compass" but failed to do so.
Labour MP David Winnick said Sir Philip was a "billionaire spiv who had shamed British capitalism".
He said it was astonishing the businessman had been ennobled in the first place given his "well-known tax arrangements" that saw him pay "minimal tax" in the UK.
In the main, Sir Philip's business is in his wife's name and she is resident in the tax haven of Monaco.
MPs said BHS has been run as a Green family fiefdom and £1.3bn had "found its way" up to Lady Green.
Chairman of the work and pensions select committee, Mr Field, said Sir Philip Green had not "rescued" BHS, which would have marked its 90th anniversary in 2018, when he bought it.
He said he had purchased a "prosperous" firm with a healthy pension fund.
His ownership had allowed him to acquire the Arcadia group, whose "crown jewels" was Topshop.
Labour MP Iain Wright said Sir Philip "took the rings from BHS's fingers. He beat it black and blue.
"He starved it of food and water and put it on life support. And then he wanted credit for keeping it alive."
Veteran Labour MP Dennis Skinner likened Sir Philip to the late media mogul Robert Maxwell saying that he had "robbed" employees.
In August, Sir Philip reacted angrily when Sky News tried to quiz him on his failure to act as he holidayed on his £100m yacht, Lionheart, in the Greek islands.
Business minister Margot James said the Prime Minister was willing to pass further legislation if necessary as a result of the outcome of investigations into BHS.
She said BHS directors were being investigated and action would be taken if they were found to have failed to act appropriately.
Shadow business secretary Clive Lewis said that legally Mr Green had done nothing wrong but that the "bent" system had allowed him to act as he had.
He said the law must be changed to "make sure this never happens again".
In her Conservative Party Conference speech, Theresa May put businessmen who "treat tax laws as optional extras" on notice and hit out at the bosses who "earn a fortune but doesn't look after your staff".
chrissie- Posts : 532
Join date : 2014-09-03
Re: Sir Philip Green
I think in the grand scheme.... then SPG doesn't give a toss.
Andrew- Posts : 13074
Join date : 2014-08-29
Re: Sir Philip Green
Shadow business secretary Clive Lewis said that legally Mr Green had done nothing wrong but that the "bent" system had allowed him to act as he had.
He said the law must be changed to "make sure this never happens again".
In her Conservative Party Conference speech, Theresa May put businessmen who "treat tax laws as optional extras" on notice and hit out at the bosses who "earn a fortune but doesn't look after your staff".
Clive Lewis is right and until MPs act by regulating people like Green can thrive......his mistake was to do it to such a visibly large company as this. Asset stripping occurs more regularly than is healthy.....so having Theresa remind you of your obligations aint going to make much difference!
He said the law must be changed to "make sure this never happens again".
In her Conservative Party Conference speech, Theresa May put businessmen who "treat tax laws as optional extras" on notice and hit out at the bosses who "earn a fortune but doesn't look after your staff".
Clive Lewis is right and until MPs act by regulating people like Green can thrive......his mistake was to do it to such a visibly large company as this. Asset stripping occurs more regularly than is healthy.....so having Theresa remind you of your obligations aint going to make much difference!
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Success is not final, failure is not fatal: it is the courage to continue that counts
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Bampots- Posts : 2320
Join date : 2014-09-07
Age : 63
Re: Sir Philip Green
Bampots wrote:Shadow business secretary Clive Lewis said that legally Mr Green had done nothing wrong but that the "bent" system had allowed him to act as he had.
He said the law must be changed to "make sure this never happens again".
What was it,Labour 15 years in power nothing done,now in opposition it must be changed.
Heisenburg- Posts : 1876
Join date : 2016-01-11
Re: Sir Philip Green
I agree....but this is a Corbynik so should we expect something.....it will be a test of his metal if nothing else!
_________________
Success is not final, failure is not fatal: it is the courage to continue that counts
Winston Churchill
Bampots- Posts : 2320
Join date : 2014-09-07
Age : 63
Re: Sir Philip Green
Although from another angle is it part of some kind of endgame starting with Freud moving through Clarence and his dismissal ......rounding on Hogan Howe(not gonna give him a hyphen tho!)and his "resignation" and then to Phillip Green.....still wealthy but a defenestrated knight....perhaps! What's the link?
_________________
Success is not final, failure is not fatal: it is the courage to continue that counts
Winston Churchill
Bampots- Posts : 2320
Join date : 2014-09-07
Age : 63
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