Submitted on Thursday 2nd June 2016
Rejected on Friday 3rd June 2016
Current status: Rejected
Rejection code: honours (see below for details)
Strip Sir Philip Nigel Ross Green of his Knighthood
In the time Sir Philip Green has owned BHS, he has gained a number of debts through his company and upon selling BHS for just £1 has collecting £100m's in dividends.
Sir Philip Green is known for his ownership of British Home Stores(BHS) he is known for been involved in tax avoidance schemes, claims which surfaced from 2005 on wards. He is more recently(In 2015) known to have sold BHS for just £1. BHS has debts totaling £1.3bn which includes a pensions deficit of £571m. Sir Philip Green and his family collected £586m in dividends. This in turn has left 11,000 now looking for alternative employment
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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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