BHS owner to appear before MPs over retailer's collapse

BHS is now being wound down and all of the chain's 163 shops will close. Credit: Joe Giddens/PA Wire

The man who bought BHS for £1 from Sir Philip Green is set to face questions from MPs about the retailer's financial collapse.

Dominic Chappell bought the chain, which is currently being wound down, last year through his company Retail Acquisitions.

Sir Philip, who will also appear before MPs from the Business and Pensions committees, owned BHS for 15 years.

Last week administrators to the department store chain stopped trying to find a buyer, resulting in the loss of up to 11,000 jobs and the closure of 163 shops.

Mr Chappell, who is a former bankrupt and Sir Philip have been heavily criticised for their handling of the company.

Sir Philip for paying a £400 million dividend to his family from the business and over his management of the pension scheme, and Mr Chappell for sucking management fees out of BHS before its collapse.