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'LITTLE BETTER THAN A CORPORATE CROOK'

MPs to vote on stripping Sir Philip Green’s knighthood over ‘unacceptable’ BHS collapse

Motion to strip tycoon of his knighthood comes from Tory MP Richard Fuller and will be discussed in Parliament Thursday

British Home Stores in administration

MPs are to vote next week on whether to strip Topshop tycoon Sir Philip Green of his knighthood.

The House of Commons will discuss on Thursday the collapse of high street giant BHS after Sir Philip sold it to a serial bankrupt for £1.

 MPs will discuss whether to strip Sir Philip Green of his knighthood on Thursday
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MPs will discuss whether to strip Sir Philip Green of his knighthood on ThursdayCredit: Press Association

An amendment — by Tory MP Richard Fuller and independent MP Michelle Thomson — has been added to the debate calling for Sir Philip’s honour to be cancelled.

It is believed to be the first time MPs have debated a motion on cancelling an honour.

Sir Philip was branded “the unacceptable face of capitalism" when he faced MPs this summer.

 Topshop tycoon was grilled by MPs over BHS collapse in the summer
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Topshop tycoon was grilled by MPs over BHS collapse in the summerCredit: Reuters
 He was branded 'the unacceptable face of capitalism' by MPs
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He was branded 'the unacceptable face of capitalism' by MPsCredit: Getty Images

They also branded him "little better than a corporate crook".

MPs asked him to plug the £700million black hole in BHS’s pension fund, a major reason for its collapse in June with the loss of 11,000 jobs.

 

Mr Field said at the time: “He has to decide how much his knighthood is worth. I think the only slight possibility that he has of keeping it is if he pays in full for the pension deficit. That’s going to be an enormous sum.”

It's faintly ridiculous for him to continue to warrant an award for services to retailing

Richard FullerTory MP

The motion to strip Sir Philip of his knighthood comes from Conservative MP Richard Fuller and independent MP Michelle Thomson.

It calls on the Honours Forfeiture Committee, which makes such decisions, “to cancel and annul” his knighthood.

Sir Philip was given the honour in 2006 “for services to retail”.

 Critic . . . Tory MP Richard Fuller called for Sir Philip’s honour to be cancelled
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Critic . . . Tory MP Richard Fuller called for Sir Philip’s honour to be cancelled

Mr Fuller said yesterday: “His actions at BHS were of such a nature as to make it faintly ridiculous for him to continue to warrant an award for services to retailing.

“I’m putting forward this amendment for the simple reason that he warrants losing his knighthood. This is about expressing a legitimate sentiment about the way someone has behaved.

"It’s not populist screaming, it’s not a deal being done behind closed doors.”

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