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Sir Philip Green's reputation 'still stained' despite BHS pension deal

Published on Wednesday 1st of March 2017 05:38:29 AM in BBC

Retail tycoon Sir Philip Green's £363m payment to the BHS pension scheme does not wipe away the stains from his reputation, a senior MP has said.Business committee chairman Iain Wright told the BBC that the payment does not necessarily safeguard his knighthood.Sir Philip agreed the settlement ...

Social Trend Analysis for "Sir Philip Green's reputation 'still stained' despite BHS pension deal"

How did this BBC news article about Business fare in social circles?
  • Total number of Likes, Shares, Tweets, Re-Tweets, Pins, Bookmarks & Stumbles :
  • Amongst social networks, this article was most active on Linkedin
  • Total shares on Linkedin : 34
  • Total Plus Ones on Google : 8
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    .... Under Wright’s leadership, the committee has done what it’s supposed to do: selected a few juicy bones and chewed for all it’s worth. The grubby tale of Green’s sale of BHS to a thrice-bankrupt retailing novice was illuminated when the business committee, alongside Frank Field’s work and pensions committee, summoned the main players and called for documentary evidence. ...
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    .... This is a better outcome than if the BHS pension scheme had entered the Pension Protection Fund, a lifeboat for failed pension schemes, where workers would have received an estimated 75% to 79%. The 88-year-old retailer failed when it ran out of money a year after it was sold by Sir Philip Green to the serial bankrupt Dominic Chappell for £1. ...

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