27-04-2016 22:56 via uk.news.yahoo.com

BHS Buyers To Be Summoned To MPs Inquiry

The entrepreneurs who bought BHS for £1 and the accountants and lawyers who worked on the takeover are to be summoned by MPs probing the high street retailer’s collapse into administration. Sky News has learnt that the Business, Innovation and Skills (BIS) Select Committee will announce on Thursday that it wants to examine the level of due diligence that Retail Acquisitions Limited (RAL) was legally required to undertake before buying BHS from Sir Philip Green just over a year ago. T
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