Former BHS owner Dominic Chappell will be banned from serving as company director for up to 15 years over his role in the the high street chain’s collapse, while its previous owner Sir Philip Green will escape any sanction.
The Insolvency Service said that the retail mogul Sir Philip, who sold BHS to thrice bankrupt Mr Chappell little over a year before its demise for £1, will not face further action.
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Including:
The Co-operative Bank provides £16.2m to waterfront development
Industry leaders are reassured by the likelihood of the sector falling outside of policy changes
Company is monitoring “market volatility”
CFO Shaw will step into top post next year
