"Sir Philip Green’s knighthood is under review following complaints about his former ownership of the failed department store chain BHS, it has emerged.
The Cabinet Office confirmed in a letter to a Labour MP that it was looking into Green’s knighthood after there were a number of calls for him to be stripped of the honour.
The statement to Jim McMahon set out the process of cancelling an honour, which has to be recommended by the Cabinet Office and forfeiture committee before being approved by the Queen. It said: “I hope you will understand that I cannot comment on the particular circumstances of Sir Philip, but I can assure you that the case is being reviewed.”
Green has been heavily criticised for taking large sums of money out of BHS before selling the company to a three-time bankrupt just over a year before it failed. MPs on the Commons work and pensions committee are expected to heavily criticise the actions of Green, who sold BHS for £1 to Dominic Chappell in March 2015, in a report scheduled to be published shortly.
A Cabinet Office spokesperson said on Friday: “Applications for forfeiture are considered by an independent committee. They have been clear that they will not consider reviewing an honour until any formal reviews or investigations which establish the facts of a case have been completed. However, we continue to keep the case under review.”"
Source: https://www.theguardian.com/business...der-review-bhs
The Cabinet Office confirmed in a letter to a Labour MP that it was looking into Green’s knighthood after there were a number of calls for him to be stripped of the honour.
The statement to Jim McMahon set out the process of cancelling an honour, which has to be recommended by the Cabinet Office and forfeiture committee before being approved by the Queen. It said: “I hope you will understand that I cannot comment on the particular circumstances of Sir Philip, but I can assure you that the case is being reviewed.”
Green has been heavily criticised for taking large sums of money out of BHS before selling the company to a three-time bankrupt just over a year before it failed. MPs on the Commons work and pensions committee are expected to heavily criticise the actions of Green, who sold BHS for £1 to Dominic Chappell in March 2015, in a report scheduled to be published shortly.
A Cabinet Office spokesperson said on Friday: “Applications for forfeiture are considered by an independent committee. They have been clear that they will not consider reviewing an honour until any formal reviews or investigations which establish the facts of a case have been completed. However, we continue to keep the case under review.”"
Source: https://www.theguardian.com/business...der-review-bhs
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