BHS: Committee Chair comments on company's liquidation announcement
2 December 2016
The Chair of the Work and Pensions Committee, Frank Field MP, commented on today's announcement that BHS has gone into liquidation.
Chair's comment
Frank Field MP, said:
"This is another milestone in the collapse of BHS that Sir Philip Green sailed away from. At this stage, though, it is welcome. It gives the PPF's preferred administrator – rather than Sir Philip's – the best chance of salvaging some money for the pension schemes.
It does beg the question, though, of why the BHS pensioners are having to jostle for position, when Sir Philip promised months ago he would 'sort' their pension payments."
Further information
Image: PA