The Man Who KILLED The British High Street

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Today we explore the extraordinary collapse of the "king of the highstreet" Sir Phillip Green, a tale of corporate irresponsibility and failures of shareholder capitalism.

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The story still ends with a billionaire on his boat in Monaco with thousands still losing their jobs and pensions

GDLapis
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When my father worked in the retail industry in the 90s Phillip Green sued my father over a deal which had gone wrong. It went to court and Green lost and was made to pay my father £250, 000 and pay for his legal fees. Green has always been a crook and a bully but just doesn't like it when people stand up to him.

Alexwozere
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I met him once at a store he owned, he made my skin crawl and seemed so arrogant that the word arrogant is not enough.

Chanesmyname
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I knew a guy who worked under him until 2019. In Green's defense, he wasn't just abusive towards women, he was abusive towards all his employees.

mhkpt
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How is he still a sir and not in jail?

jeffblahblah
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Politicians need these people. They spread the money around like a mafia boss.

madeinengland
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I was building a penthouse for Phil on the top of the BHS HQ no expense spared. Then he bought C&A for a quid. They already had a penthouse on the top their HQ so Phil walked away fron the one I was building. Never paid anyone a penny for it either. Just got his bouncers to get in your face if you doorstepped him... like I did.

marklanahan
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I was working at Male’ Intl Airport (Maldives) in 2007 when this sleaze ball brought in all his cronies and sycophants for his birthday party. One cargo aircraft arrived full of flowers which then had to be transported to the resort island he had booked for an entire week and the that aircraft was followed by another full of all the instruments for the bands that were playing. There were so many private jets arriving that there wasn’t enough room for them all to park, so after they disgorged their ‘guests’ they had to fly to another airport to park. I saw a staggering amount of conspicuous consumption during my time there.

PJD_
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Before it's collapse, BHS wasn't a bad store and could have easily been turned around had it not been shafted by Green.

Caerdan
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public can be outraged but nothing ever happens

bunyann
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I agree with all but one bit of this.

Our system is not broken, it is working exactly as intended.

This is all capitalism leads to.

There is no accountability, ever

Osindileyo
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He's on his yacht with Michelle Mone, While our children hold the bill. No one does anything about it because their just as bad.

Derek-Trotter
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Remember kids, theft and fraud are bad, unless you steal and defraud big.

definitelynotadam
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Back in the day, I worked as a temp receptionist at BHS Headquarters in London. During training they told me that when PG visited the office, I must automatically open the barriers for him but not look at him at all and never, ever speak to him. He was rude, arrogant and selfish, the way he used to talk to staff was disgusting!

SianLondon
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There's very little journalism in the British media. Rather than building a narrative from facts and context, they start off with the narrative and figure out how to reverse-engineer the information they have to suit it.

chosone
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Its a government issue, , there will always be a greedy lizard out there willing to cash in their workers pension to refit his super yacht - there needs to be legislation in place that prevents him from being able to do it.

matthewsalmon
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23:50 the system is not broken. it is functioning PERFECTLY for the people it was designed for

jaxamilius
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A few years ago I read the book mentioned in this video (Damaged Goods by Sunday Times business correspondent Oliver Shah) and It is EYE-POPPING what Green and his band of associates got up to. This video just scratches the surface. How the hell he isn't in jail right now is beyond me.

richardbrayshaw
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Excellent report and a real insight into corporate business. This is what schools should teach kids as an example of bad, unethical business. This is the real world of business. Well presented, and very insightful, and makes very clear points in a simple way. You don't need to know much about business to understand the key messages here.

alisonirwin
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the British government putting that guy in charge of spending reviews is like putting a fox in charge of chickens. it's bat shit insane!

womble