Submitted on Thursday 2nd June 2016
Rejected on Friday 3rd June 2016
Current status: Rejected
Rejection code: honours (see below for details)
Strip Philip Green of his Knighthood following the loss of 11,000 jobs at BHS
(www.theguardian.com) Philip Green’s family/stakeholders have been big winners from BHS, taking more than £580m out of BHS to help fund a lavish lifestyle. While he awaits delivery of his latest toy: a £100m super-yacht, 11,000 people have lost their livelihoods!
Green and his wife Tina were listed as the UK’s 29th richest family in Sunday Times rich list, which estimated their worth as £3.22bn. That total excludes the £280m which researchers suggested Green might have to hand over to the pensions regulator. When Green bought BHS in May 2000, the group’s fund was in surplus. All this while minimising his Tax burden to the UK by listing his wife, a Monaco resident, as the owner of these companies.
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The Government e-Petitions Team gave the following reason:
We can't accept petitions asking for people's honours to be taken away. You can find out more about how honours are taken away here:
www.gov.uk/honours
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