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Dominic Chappell
Dominic Joseph Andrew Chappell (born 28 November 1966) is a failed British businessman who has been declared bankrupt on three occasions and was convicted for tax evasion. In 2015, his company, Retail Acquisitions Ltd, purchased the now collapsed retail chain British Home Stores from Philip Green for just £1 GBP together with a £10,000,000 equity injection into BHS Group Ltd. 13 months later the company was placed into administration resulting in the closure of 164 stores and the loss of 11,000 jobs. Biography Chappell was born in Sunbury-on-Thames, Surrey in 1966. He was educated at Millfield School in Somerset. Chappell competed as a racing driver from 1986 to 1999, including races in British Formula Ford 2000, and British F3 in 1990, finishing runner-up in the Class B Championship and British Formula 3000. In 1993 Dominic Chappell and his British F2 team named ''Apache'' contested the final rounds of International Formula 3000 using the rights of team ''Cobra'' without scorin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Home Stores
British Home Stores, commonly abbreviated to BHS and latterly legally styled BHS Ltd, was a British department store chain, primarily selling clothing and household items. In its later years, the company began to expand into furniture, electronics, entertainment, convenience groceries and fragrance and beauty products. The company was founded in 1928 by a group of U.S. entrepreneurs, and had a total of 163 stores mainly located in high streets or shopping centres by the time of its closure in 2016, as well as 74 international stores across 18 separate territories. BHS was previously a constituent of the FTSE 100 Index, but was bought by Sir Philip Green in 2000 and taken private. The company became part of Green's Arcadia Group in 2009. Following a number of loss-making years, the company was sold to the consortium Retail Acquisitions Ltd led by the serial bankrupt Dominic Chappell, in March 2015 for the nominal price of £1. In April 2016, 13 months after the purchase by Ret ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Isle Of Wight
The Isle of Wight ( ) is a county in the English Channel, off the coast of Hampshire, from which it is separated by the Solent. It is the largest and second-most populous island of England. Referred to as 'The Island' by residents, the Isle of Wight has resorts that have been popular holiday destinations since Victorian times. It is known for its mild climate, coastal scenery, and verdant landscape of fields, downland and chines. The island is historically part of Hampshire, and is designated a UNESCO Biosphere Reserve. The island has been home to the poets Algernon Charles Swinburne and Alfred, Lord Tennyson. Queen Victoria built her summer residence and final home, Osborne House at East Cowes, on the Isle. It has a maritime and industrial tradition of boat-building, sail-making, the manufacture of flying boats, hovercraft, and Britain's space rockets. The island hosts annual music festivals, including the Isle of Wight Festival, which in 1970 was the largest rock music ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1966 Births
Events January * January 1 – In a coup, Colonel Jean-Bédel Bokassa takes over as military ruler of the Central African Republic, ousting President David Dacko. * January 3 – 1966 Upper Voltan coup d'état: President Maurice Yaméogo is deposed by a military coup in the Republic of Upper Volta (modern-day Burkina Faso). * January 10 ** Pakistani–Indian peace negotiations end successfully with the signing of the Tashkent Declaration, a day before the sudden death of Indian prime minister Lal Bahadur Shastri. ** The House of Representatives of the US state of Georgia refuses to allow African-American representative Julian Bond to take his seat, because of his anti-war stance. ** A Commonwealth Prime Ministers' Conference convenes in Lagos, Nigeria, primarily to discuss Rhodesia. * January 12 – United States President Lyndon Johnson states that the United States should stay in South Vietnam until Communist aggression there is ended. * January 15 – 1966 Nigeria ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Alexander Sutton
Paul Alexander Sutton (born August 1956) is a British businessman, has been made bankrupt twice and convicted fraudster, although the case pertaining to conviction (which took place originally in a French court) was dismissed in a UK court as having no evidence in an extradition hearing in 2001. Sutton was in discussions with Sir Philip Green about the future of British Home Stores for over a year from the summer of 2013 and introduced Dominic Chappell, the eventual buyer of the firm, to Sir Philip. Early career Sutton was first made bankrupt in 1982 but was not discharged for over a decade after he failed to comply with insolvency rules. Sutton was made bankrupt again in 2014. Car leasing According to a High Court judgment of 2000, Sutton was involved in a scheme relating to the financing of cars with Conister Trust, a lender based on the Isle of Man, that caused Conister to experience an "almost total" loss. The firm entered administration in December 1994. According to court p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insolvency Service
The Insolvency Service is an executive agency of the Department for Business, Energy and Industrial Strategy with headquarters in London. It has around 1,700 staff, operating from 22 locations across Great Britain. The Insolvency Service administers compulsory company liquidations and personal bankruptcies and deals with misconduct through investigation of companies and enforcement. It also makes redundancy payments in cases where a company is insolvent. Responsibilities It is responsible for authorising and regulating the insolvency profession. They: * administer and look into the affairs of bankrupts, people subject to debt relief orders, and liquidated companies, making reports of any directors’ misconduct * carry out investigations into live companies * act as trustee/liquidator where no private sector insolvency practitioner is in place * act as nominee and supervisor in fast-track individual voluntary arrangements * deal with the disqualification of unfit directors in a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Pensions Regulator
The Pensions Regulator (TPR) is a non-departmental public body which regulates work-based pension schemes in the United Kingdom. Created under the Pensions Act 2004, the regulator replaced the Occupational Pensions Regulatory Authority (OPRA) from 6 April 2005 and has wider powers and a new proactive and risk-based approach to regulation. The Occupational Pensions Regulatory Authority was established by the Pensions Act 1995 and came into full operation on 6 April 1997. It replaced the Occupational Pensions Board as the regulator of occupational pensions in the UK. The Pensions Regulator has a clear set of objectives: * to protect members’ benefits * to reduce the risk of calls on the Pension Protection Fund (PPF) * to promote, and to improve understanding of, the good administration of work-based pension schemes * to maximise employer compliance with automatic enrolment duties; * to minimise any adverse impact on the sustainable growth of an employer (in relation to the exe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The London Gazette
''The London Gazette'' is one of the official journals of record or government gazettes of the Government of the United Kingdom, and the most important among such official journals in the United Kingdom, in which certain statutory notices are required to be published. ''The Gazette'' is not a conventional newspaper offering general news coverage. It does not have a large circulation. Other official newspapers of the UK government are ''The Edinburgh Gazette'' and ''The Belfast Gazette'', which, apart from reproducing certain materials of nationwide interest published in ''The London Gazette'', also contain publications specific to Scotland and Northern Ireland, respectively. In turn, ''The London Gazette'' carries not only notices of UK-wide interest, but also those relating specifically to entities or people in England and Wales. However, certain notices that are only of specific interest to Scotland or Northern Ireland are also required to be published in ''The London Gazette ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Simon Jack
Simon Jack (born 10 May 1971) is an English business journalist and news correspondent. He is currently the Business Editor for BBC News, known for appearing on '' BBC Breakfast'' until September 2011 and on BBC Radio 4's ''Today''. He has also presented business and financial podcasts for ''The Daily Telegraph''. Education Simon Jack was born on 10 May 1971 in London. He attended Merchant Taylors' Boys' School, Crosby, Merseyside, and graduated from St John's College, Oxford with a BA in Philosophy, Politics and Economics. Of his time at Oxford, Jack said: “I did the same degree as David Cameron. I was a contemporary of George Osborne. I knew him a little bit. He was well-known at university and his notoriety of his membership of certain clubs is well known – like the Bullingdon. I wasn't a member of any of those." Career Before entering journalism, Jack worked for a decade as a corporate and investment banker in London, New York City and Bermuda. He has said that he ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pension Protection Fund
The 'Pension Protection Fund'' (PPF) is a statutory corporation, set up by the Pensions Act 2004, and has been protecting members of eligible defined benefit (DB) pension schemes across the United Kingdom since 2005. It protects close to 10 million members belonging to more than 5,200 pension schemes across the UK. If an employer collapses and its DB pension scheme cannot pay members what they were promised, the PPF will pacompensationfor their lost pensions. Despite being a public body, the PPF is not funded by the government or the taxpayers. It has four sources of funding including an annual levy charged to all the eligible pension schemes under its protection, income from its investments, assets from the schemes that transfer into the fund and recoveries, including money and other assets, from the insolvent employers of the schemes that transfer into the fund. The PPF is one of the UK’s largest asset owners with £39 billion of assets under management. It also administers th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service maintains 50 foreign news bureaus with more than 250 correspondents around the world. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, the BBC also has regional centres across England and national news c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ITV News
ITV News is the branding of news programmes on the British television network ITV. ITV has a long tradition of television news. Independent Television News (ITN) was founded to provide news bulletins for the network in 1955, and has since continued to produce all news programmes on ITV. The channel's news coverage has won awards from the Royal Television Society, Emmy Awards and BAFTAs. Between 2004 and 2008, the ''ITV Evening News'' held the title of "RTS News Programme of the Year". The flagship ''ITV News at Ten'' has won numerous BAFTA awards, and also being named "RTS News Programme of the Year" in 2011, 2015, 2021 and 2022. ITV News has the second-largest television news audience in the United Kingdom, second only to BBC News (and followed by other broadcasters such as Sky News, Channel 4 News and Channel 5 News). However, its £43 million annual news budget is dwarfed by that of the publicly funded BBC, which spends £89.5 million annually on news-gathering, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. Since 2018, the paper's main news ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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