MPs debate BHS
13 October 2016
On Thursday 20 October MPs debated and approved a motion in the House of Commons Chamber on BHS. This debate was scheduled by the Backbench Business Committee following a representation from Frank Field, Michelle Thomson and Richard Fuller.
This debate was opened by Frank Field, Labour MP for Birkenhead.
Watch the debate and read the transcript
The House of Commons library also produced a debate pack for this debate.
Text of the Motion debated and approved:
That this House notes the recent joint Report by the Business, Innovation and Skills and the Work and Pensions Committees on BHS; endorses that Report's criticisms of the governance of the company and of the holding company, Taveta Investments Limited; believes that the sale of the company to Retail Acquisitions Limited for £1 was clearly not in the interests of British Home Stores' employees and pensioners; notes the failure of Sir Philip Green over many years to resolve the deficit in the BHS pension fund; and calls on him to fulfil his promise to do so forthwith; and, noting that Philip Green received his knighthood for his services for the retail industry, believes his actions raise the question of whether he should be allowed to continue as a holder of the honour and calls on the Honours Forfeiture Committee to recommend his knighthood be cancelled and annulled.
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