MPs are preparing to question Sir Philip Green about the sale and collapse of retailer BHS
The billionaire, whose empire includes the Top Shop and Dorothy Perkins, had threatened not to give evidence.
Chappell bought BHS from Sir Philip Green for £1 in March 2015
Ashley reportedly wants to save the BHS brand and keep some stores open
A loan there. Assets here. A property purchase there. A cheeky £1.5m wafting on and off the books. The sort of bedevilling detail that BHS’s 11,000 staff couldn’t possibly hope to understand
The clamour for Sir Philip Green to be stripped of his knighthood is louder by the minute. By the time he has accounted for himself in front of MPs, that might be the least we think he deserves
Chappell told MPs that Mike Ashley was on the brink of buying BHS to save it from administration but that the deal was blocked by Sir Philip Green
Chappell said the money was to 'look after the home team'
Even if every Green and Chappell in Britain’s boardrooms were replaced by an angel, the sad demise of BHS will not be the last of its kind
11,000 jobs at retail chain at risk after sale hopes dashed
The retailer’s website is not taking new orders but existing ones are expected to be fulfilled
The British high street is on the decline, but its demise could help solve other pressing social problems
Dominic Chappell's consortium bought BHS off Sir Philip Green for £1 last year
With the appointment of Paul Myners to probe the BHS case the redoubtable chair of the Work and Pensions Commitee has overstepped the mark
The retail entrepreneur is due to appear before MPs to answer questions on the collapse of the high street chain
According to data from Mercer the gap between FTSE 350 schemes' assets and future liabilities was £92bn at the end of last month