Business, Energy and Industrial Strategy Committee

The sale and acquisition of BHS inquiry

Inquiry status: open

Report published on 25 July 2016

Report published

MPs catalogue litany of failures culminating in 'at any cost' disposal of company and pension deficit to wholly unsuitable "chancer". In their report on BHS, the Work and Pensions and Business, Innovations and Skills Committees conclude that Sir Philip chose to rush through the offloading of a beleaguered high street institution, losing money and encumbered with a massive pension fund deficit, to a buyer who he was clearly aware was "manifestly unsuitable", with Sir Philip forced to finance the sale himself.

Terms of reference: The sale and acquisition of BHS

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Read all transcripts, written evidence and other material related to the BHS inquiry.

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