Mar 4, 2018

Topshop's Sir Philip Green seeks 'truce' with MP Frank Field

Billionaire Topshop owner Sir Philip Green has called for a truce with Frank Field, the MP who has doggedly pursued him over the collapse of BHS. In a letter sent to Mr Field, released over the weekend, Sir Philip asks if the two can "Avoid another spat" as "Everyone is bored of this story". Mr Field told the BBC: "He doesn't know how to behave like an adult." The most recent round of hostilities was sparked by reports - strongly denied - in the the Sunday Times that Sir Philip was trying to sell his retail empire to China's Shandong Ruyi. Now, Sir Philip has released a private letter sent to the MP on 27 February - which is a response to a letter Mr Field sent the businessman on 19 February. Mr Field told the BBC on Sunday that there were no plans to issue a formal response to the release of the letter.

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