Sir Shifty paid top staff £2m as BHS went bust: Bosses dubbed it the 'Philip bonus'
Sir Philip Green paid out £2million to top staff at BHS as the retailer went into administration, it emerged last night.
The money – dubbed a 'Philip bonus'– was shared among around 200 key employees at BHS headquarters, from top executives to buyers and receptionists.
They were told about the payment on the same day as 11,000 staff were informed they would lose their jobs.
Last night one MP said the latest revelations would be a 'slap in the face' for workers on the shop floor who received nothing and faced swingeing cuts to their pension.
A spokesman for the tycoon said the payments were... read more
- 18:34 EastEnders spoilers: What is Derek Harkinsin’s crime secret from...
- 18:34 Games Inbox: Mini SNES value for money, PlayStation Move...
- 18:34 Facebook hits 2 billion user mark
- 18:34 One in five Brits would rather date a pet owner
- 18:34 Charity hopes for bumper boost from annual Festival
- 18:34 Boy writes heartbreaking note on Asda toy after his mum couldn't...
- 18:34 Obituary: Paul William Schmitt
- 18:33 Sheffield man who downloaded child pornography images involving...
- 18:33 Prince Harry to visit Leeds
- 18:33 FTSE stalls, Carpetright and Debenhams put UK consumer in spotlight
- 18:31 Green scheme savings fund air ambulance
- 18:30 Flood warnings and alerts issued for Bridlington, Scarborough and...
- 18:30 Colne Valley MP criticises school targets
- 18:28 AstraZeneca cancer drug trial prompts investors to take options cover
- 18:26 Derby benefits cheat who said she was 'virtually unable to walk'...
- 18:26 Cake maker Harry Gowdy jailed for sex attacks on girl under 13
- 18:25 Kingsway Academy faces closure due to spiralling PFI payments
- 18:25 Steelworks homes plans given go-ahead by council
- 18:25 Hucknall school receives a good Ofsted rating after being told they...
- 18:24 Hammond warns "petty politics" threaten good Brexit deal
- 18:23 Flying this summer? THIS airport is the worst for flight delays in...
- 18:23 Joe Miller apologises to Linfield over claims he was targeted by...
- 18:23 Police issue new warning over potentially lethal 'laughing gas' craze
- 18:22 Italian business chiefs plead for 'soft' Brexit as they fear impact...
- 18:22 British tourists in violent brawl at Faro Airport as Portugal...
- 18:22 Help name Lancashire Police’ new horse
- 18:21 Israel's Mossad sets up fund to acquire new spy techniques
- 18:21 Bar bans Grenfell Tower event because music ‘would attract poor...
- 18:20 ECHO Schools Awards 2017 winners revealed at glittering ceremony
- 18:19 London drivers face £80 fine if they leave their cars idling in...