A most damning parliamentary report on the sale and management of retail chain BHS—originally known as British Home Stores to customers of my age—was released on 25 July this year following an investigation into the scandal by the Work and Pensions Committee and the Business, Innovation and Skills Committee. It details a “litany of failures culminating in ‘at any cost’ disposal of company and pension deficit to [a] wholly unsuitable ‘chancer’.”
This is the first time that a parliamentary report has led to calls for someone to be stripped of his knighthood.
