Wednesday, 8 June 2016

BHS

Take a look. Just take a look. These are the main players in the BHS fiasco.

Philip Green - knighted by Tony Blair. Managed to get a whole lot of money out of BHS before it was declared insolvent. 


Dominic Chappell, no experience in the retail business. Bought BHS for a pound from Green, but managed to get money out of it even while it was insolvent. 



Mike Ashley, who wanted to buy BHS. Has spent some time this week explaining to a Westminster committee how he broke the law by paying employees less than the minimum wage.

Chancers, every one of them. Not one of them will end up in court over this or anything else. The only people who will suffer will be BHS employees and retirees. Unless, of course, the great British public steps in and cover the losses the BHS pension and redundancy funds have suffered.

The next time you're asked what provision you've made for your old age, just say you've done your best but you're at the mercy of bastards like this.

Yes, I know most business people are decent and honest and do their best by their employees. But unless they and government step up, people like this lot are going to reduce us all to beggary.

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