Tag Archives: bhs

Caron Lindsay

BHS stores close today but pensioners face decades of pain

By Caron Lindsay | Sun 28th August 2016 - 10:45 am

Former BHS owner Sir Philip Green has been traversing the tranquil southern European seas in his humungous new £100 million yacht, staffed by a crew to cater for his, his family’s and his pets’ every need.

That might be fine if the flagship High Street chain was still going strong and if the pension funds were in a healthy condition.

Instead, nine decades of retail history comes to an end today as the final stores close. 11,000 workers lose their jobs and many will be facing the consequences of what a committee of MPs described as “the unacceptable face of capitalism.”

The Commons Work and Pensions Select Committee really didn’t mince its words about the demise of BHS and the culpability of its leadership:

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  • Paul Holmes
    I can though very much agree with what you say about Clegg. But of course he, Laws, Alexander etc were very much classic Economic Liberals favouring lower taxe...
  • Paul Holmes
    Mick, ref rewriting history, I certainly have different historical memories to you! On LD Voice we often hear misty eyed memories of the great days of the po...
  • Nick Baird
    Obviously getting people into work is a good thing, but the problem with Milburn's disability proposal is it assumes there are significant numbers of disabled u...
  • Peter Chambers
    I quite agree with Caron. My son obtained a Statement for special educational needs. He was put on a queue, but never had quite enough points to be given a slot...
  • Jans
    Speaking from my personal experience (Scotland), I think we need to be saying something about reforming the way the Children’s Panel system currently operates...