Sir Philip Green has reportedly been "urged to stop swanning about on his yacht" and fly back to the UK to sort out the BHS pension deficit as he told MPs he would.
According to Sky News, Sir Philip has taken no action to sort out the huge pension deficit at BHS despite assuring MPs he would during the recent inquiry into BHS' collapse. It is understood the tycoon is currently holidaying on his £100m super yacht around the Greek islands.

Co-chairman of the BHS inquiry committee Iain Wright told the news outlet that they were facing "a frustratingly slow delay" for a "deal-maker" who could "buy and sell companies in a matter of days."

There have reportedly been calls for the tycoon to be stripped of his knighthood due to his role in the failure of BHS. Ex-store manager Lin Macmillan pitched the idea that he should sell one of his yachts in order to bail out the pension fund.

BHS' collapse back in April has affected 11,000 jobs and 22,000 pensions. High streets up and down the country - including, most recently, Oxford Street in London - have been transformed as the 163 stores nationwide began closing down for good.

The deadline for all BHS store closures was recently extended to August 28.