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BHS and Industrial Strategy

Wednesday, October 19, 2016 23:42
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(Before It's News)

Business in the Commons today starts with Questions to the new Department on Exiting the European Union. This is then scheduled to be followed by a Question to discover the business of the House for next week.

The main motion on the BHS is

That this House notes the recent joint Report by the Business, Innovation and Skills and the Work and Pensions Committees on BHS; endorses that Report’s criticisms of the governance of the company and of the holding company, Taveta Investments Limited; believes that the sale of the company to Retail Acquisitions Limited for £1 was clearly not in the interests of British Home Stores’ employees and pensioners; notes the failure of Sir Philip Green over many years to resolve the deficit in the BHS pension fund; and calls on him to fulfil his promise to do so forthwith.

The second debate is on Industrial Strategy and we scheduled both these debates from the Backbench Business debate.

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