Philip Green – what goes up must come down

  Philip Green, known alternatively as the King of the High Street and the ‘unacceptable face of capitalism’ has seen his flagship company Arcadia go bust with the loss of 13,000 jobs. He and his wife Tina live tax-free in Monaco and were heavily criticised for the sale in 2015 of department store BHS for a token sum. He denied having done so to avoid a massive pension plan liability. After a highly critical media campaign he later paid £363m to make good the scheme.