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Sir Philip Green knighthood 'under review' | Sir Philip Green knighthood 'under review' |
(35 minutes later) | |
The knighthood awarded to former BHS boss Sir Philip Green is being kept "under review", the Cabinet Office has said. | The knighthood awarded to former BHS boss Sir Philip Green is being kept "under review", the Cabinet Office has said. |
It comes after the collapse of BHS this year and criticism of his decision to take money out the firm before selling it for £1 to a former bankrupt. | It comes after the collapse of BHS this year and criticism of his decision to take money out the firm before selling it for £1 to a former bankrupt. |
A Cabinet Office official confirmed his case was under consideration in a letter to Labour MP Jim McMahon. | A Cabinet Office official confirmed his case was under consideration in a letter to Labour MP Jim McMahon. |
A spokesman for Sir Philip has declined to comment. | A spokesman for Sir Philip has declined to comment. |
A parliamentary inquiry will publish its report on Monday into the demise of BHS, which caused up to 11,000 job losses. | |
Mr McMahon was among a number of MPs who wrote to a Whitehall honours committee, calling for Sir Philip to be stripped of his knighthood. | Mr McMahon was among a number of MPs who wrote to a Whitehall honours committee, calling for Sir Philip to be stripped of his knighthood. |
The retail tycoon bought the BHS chain for £200m in 2000, before selling it to Dominic Chappell, a former bankrupt with no retail experience. | The retail tycoon bought the BHS chain for £200m in 2000, before selling it to Dominic Chappell, a former bankrupt with no retail experience. |
Sir Philip has come under scrutiny for that sale, along with the £400m in dividends taken out of the firm during his 15-year ownership and his management of the pension scheme, which had a £571m deficit when the retailer collapsed. | |
He told a Commons inquiry committee last month that he would "fix" the pension problem at BHS. | |
The decision to revoke an honour is considered by a committee of civil servants following a recommendation from the Cabinet Office. | The decision to revoke an honour is considered by a committee of civil servants following a recommendation from the Cabinet Office. |
Officials said in such cases, any decision would be taken only after formal investigations had been completed to establish the facts. | Officials said in such cases, any decision would be taken only after formal investigations had been completed to establish the facts. |
In the letter to the MP, the official wrote: "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." | In the letter to the MP, the official wrote: "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." |
A Cabinet Office spokesman said: "Applications for forfeiture are considered by an independent committee. | A Cabinet Office spokesman said: "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." | "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." |