EX-BHS OWNER SIR PHILIP GREEN BRANDED ‘UNACCEPTABLE FACE OF CAPITALISM’
Former BHS boss Sir Philip Green has been branded the “unacceptable face of capitalism” as a parliamentary inquiry found he systematically extracted huge sums from the collapsed store group while leaving its pension fund in deficit.
In an excoriating joint report, two Commons select committees accused the entrepreneur of seeking to blame anyone but himself for the firm’s failure and said he has a “moral duty” to make a “large financial contribution” to the 20,000 pensioners facing substantial cuts to their benefits.
While the committees were damning about Dominic Chappell, who bought BHS for £1, and the “directors, advisers and hangers-on” associated with the deal, they said ultimate responsibility lay with Sir Philip.
SUICIDE BOMBER WHO INJURED 12 IN GERMANY WAS FAILED ASYLUM SEEKER
A suicide bomber who blew himself up after being turned away from a music festival in southern Germany was a Syrian man who had been denied asylum.
The 27-year-old killed himself and injured 12 others, three of them seriously, when he detonated an explosive device near a bar in central Ansbach on Sunday evening.
Around 2,500 people were evacuated from a nearby open-air music event where the attacker, who had been in Germany for more than a year, tried to gain entry.
PM THERESA MAY TO ADDRESS EU EXIT ON BELFAST VISIT
Prime Minister Theresa May has said that the UK’s departure from the European Union (EU) must work for Northern Ireland.
Mrs May said she wanted to “engage with” all of Stormont’s parties as she travelled to Belfast to meet First Minister Arlene Foster and Deputy First Minister Martin McGuinness.
She added that Brexit talks must take into account Northern Ireland’s land border with the Republic of Ireland and Europe, and the potential disruption to the free movement of people and goods.
DEMOCRATS ROCKED BY RESIGNATION ON EVE OF CONVENTION
The Democratic convention got off to a bad start in Philadelphia with the resignation of the chairwoman of the party’s national committee over an email scandal.
It was a blow to Hillary Clinton who arrives in the city eager to show off a united party after a tough campaign against Bernie Sanders.
Debbie Wasserman Schultz quit a few days after the publication of 19,000 hacked emails, which Mr Sanders said confirmed his belief that the national party had favoured Mrs Clinton during the contest.
NICOLA STURGEON ‘DETERMINED’ TO FIND OPTIONS TO PROTECT EU INTERESTS
The First Minister is expected to say she is “determined” to find options to protect Scotland’s key interests during EU negotiations in a speech in Edinburgh today.
Nicola Sturgeon is speaking just over a month on from the EU referendum at the conference of the Institute for Public Policy Research (IPPR) think tank.
IPPR director Russell Gunson has said the Scottish Government lacks “a genuine commitment to the UK”, so it is up to unionists to present options for Scotland’s EU future if they want to protect the UK – which both governments must pursue with “equal vigour”.
‘LIKE A FREIGHT TRAIN’ – CALIFORNIA WILDFIRE DESTROYS 18 HOMES
Flames raced down a steep hillside “like a freight train” leaving smouldering remains of homes and forcing thousands to flee the wildfire churning through tinder-dry canyons in California.
The fire that has destroyed at least 18 houses in northern Los Angeles County gained ferocious new power two days after it broke out, sending so much smoke in the air that planes making drops on it had to be grounded for part of the afternoon.
“For this time of year, it’s the most extreme fire behaviour I’ve seen in my 32-year career,” county fire chief Daryl Osby said.
FIFTH OF PARENTS WILL MISS MEAL IN SUMMER SO CHILDREN CAN EAT, STUDY CLAIMS
One in five parents will skip a meal during the summer holidays so there will be enough food for their children, a new study reveals.
Research by the Trussell Trust showed that two out of five parents worried about extra costs of childcare during the school break.
A survey of almost 1,000 parents showed that those aged between 25 and 34 were most concerned and were more likely to miss a meal themselves to ensure their children could eat.