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British billionaire ‘hides’ on Ithaca island after laying off 11,000 BHS workers (video)

Billionaire confronts SkyNews reporter

Newsroom August 18 09:52

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Sir Philip Green has reacted angrily to attempts by Sky News to question him about the closure of BHS and the loss of thousands of jobs.
The billionaire former owner of the business is holidaying on his new super yacht in the Greek islands.
Sky News took a water taxi from the port of Ithaca in an attempt to track him down.
He refused requests sent via his boat crew to answer questions from his £100m vessel.
One of his team said: “He’ll talk when he’s ready.” Lionheart, the retail tycoon’s newly built luxury boat, is almost as long as a football pitch and has a smaller motor-launch to ferry passengers to and from shore.
It is reported to have a crew of 40 people, including a chef and a dog walker for the family pets.
When Sky News finally caught up with Sir Philip in the port of Vathy on the island of Ithaca, he threatened to call the police before lunging for the camera.
Sir Philip shouted: “That’s going in the f****** sea.”
After a short tussle the situation calmed down and Sir Philip shook hands with the Sky News crew.
The businessman has been criticised by BHS staff, unions and some MPs for selling the store chain for £1 to former bankrupt Dominic Chappell – who in turn called in receivers.
The collapse of BHS in April has affected 11,000 jobs, 22,000 pensions and led to a long parliamentary inquiry.
Sir Philip told a select committee hearing earlier this year he would “sort” the pension issue.
He has borne the brunt of the public fallout, having been branded the “unacceptable face of capitalism” by MPs.
On Tuesday thousands of BHS workers were given a stay of execution when it emerged the department store chain’s remaining 57 shops will remain open longer than expected. A deadline of 20 August had been set by administrators for all outlets to close.
But this deadline has been provisionally extended until 28 August, and may be extended further.
The stores will remain open until all stock has run out, while workers will continue to be paid until the stores close.
Staff will then be made redundant.
The administrators have already overseen 106 closures in recent weeks, with the latest being the flagship store in Oxford Street.

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Source: news.sky.com

 

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