Business

Sir Philip Green to offer 1,000 BHS staff jobs at Arcadia retail empire

Sir Philip Green gives evidence to the Business, Innovation and Skills Committee and Work and Pensions Committee

SIR Philip Green is to offer 1,000 BHS staff jobs at his Arcadia retail empire, a week after being grilled by MPs over the department store chain's collapse.

The workers are currently employed at Arcadia concessions, such as Dorothy Perkins and Wallis, within BHS outlets.

It is understood that the Top Shop billionaire has also instructed his lieutenants to assist some of the 10,000 remaining BHS workers find new jobs.

During a parliamentary hearing last week, Sir Philip apologised to the staff of the collapsed retailer and admitted that he sold the business to the "wrong guy", adding that he will "sort" the firm's pension scheme which has a £571 million black hole.

Sir Philip has come in for criticism for taking around £400 million in dividends out of BHS during his 15-year ownership and for selling the firm to former bankrupt Dominic Chappell for £1 in 2015.

On Tuesday, MPs from the Business and Pension Select Committees wrote to his wife, Lady Tina Green, to demand answers over the "complex web" of businesses owned by the family in the wake of the BHS scandal.

The 163-store chain is in the process of being wound down by administrator Duff & Phelps.

Nearly 200 jobs were lost at the four BHS stores in Northern Ireland after the retailer filed for administration in what was the biggest retail failure since Woolworths went bust in 2008.

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