FILE PHOTO: Britain's Business Secretary Alok Sharma speaks during a virtual news conference, amid the coronavirus disease outbreak, at 10 Downing Street, in London, Britain November 12, 2020. Leon Neal/Pool via REUTERS
LONDON - The collapse into administration of Philip Green’s British fashion group Arcadia was “incredibly sad news” but the government will support those affected, business secretary Alok Sharma said on Monday. “I know this will be a worrying time for employees and their families, especially in the run-up to Christmas,” Sharma tweeted. “The Govt stands ready to support those affected during this difficult period,” he added.
Sharma said that within three months, the administrators had a duty to file a report on director conduct with The Insolvency Service, which will then determine whether a full investigation is required.
Will they also remove Philip Greed's knighthood?
Why doesn't Green 'man up' by not leaning on the taxpayer & selling a couple of his yachts eg: the £122m Lionheart & the £63.5m Lioness V and cancel the £30,000 / night Reethi Ra Christmas accommodation ?
anti-Marxismlist! On my opinion, the human society is running on these: 1 technology define theoretical economic aggregate 2 labour define gross economy 3 finance system define distribution of wealth from gross economy