BBC radio was saying this evening that he is threatening legal action.
He reckons the report on which Mr Field’s comments were based – by the Commons’ Business, Innovation and Skills and Work and Pensions committees – was “the predetermined and inaccurate output of a biased and unfair process”.
It said that, while he had not done anything illegal, Sir Philip Green had taken large sums, left the business on “life support”, and failed to resolve BHS’s £571m pension deficit.
So we’re being told that Robert Maxwell took money illegally from the Mirror Group’s pension fund, leaving the company struggling; Sir Philip Green took money legally from BHS, and it collapsed.
Can you see any similarity between the two?
Former BHS owner Sir Philip Green has demanded an “immediate apology” from MP Frank Field for comments he made about his running of the collapsed retailer.
Speaking to the BBC, the co-chair of an inquiry into BHS compared Sir Philip unfavourably to late media magnate Robert Maxwell, who took millions from the Mirror Group’s pension funds.
“This statement is highly defamatory and completely false,” said law firm Schillings, representing Sir Philip.
Mr Field said he would not apologise.
He told BBC business editor Simon Jack that Sir Philip’s conduct was “displacement therapy”.
“Instead of writing a big cheque he is firing off lawyers’ letters. He needs to stop messing around and write a big cheque”.
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