MPs have approved a motion recommending former BHS owner Sir Philip Green should be stripped of his knighthood.
The proposal tabled in the Commons asked for the Honours Forfeiture Committee to recommend the billionaire businessman's knighthood is "cancelled and annulled".
MPs backed the non-binding motion unopposed, meaning no full vote was needed.
MPs are debating a proposal for Sir Philip Green to be stripped of his knighthood following the collapse of high street BHS.
A backbench motion for the debate has asked for the Honours Forfeiture Committee to recommend Sir Philip's knighthood is "cancelled and annulled".
Labour MP Frank Field, who as chair of the Work and Pensions Committee, questioned Sir Philip over the collapse, described it as "a sad, slowly unfolding Greek tragedy".
He added: "Literally nothing happened at BHS or Arcadia without Sir Philip deciding directly or people knowing what his mind was and they knew they would get approval."
He also compared Sir Philip as a Napoleon: "In my mind's eye this was a character most like the Napoleon I read about in history books when I was at school."
Later in the debate, he added: "Despite all the razzmatazz and so on, there's nothing the committee could find or evidence that was presented to the committee which shows that Sir Philip Green was king of the high street.
"He was and is a very successful traditional asset-stripper."
Given that the unanimous vote by MPs today was not binding, what are the chances of Sir Philip Green being stripped of his knighthood?
What Green did is not unique. He is a one-man version of the very substantial and global private-equity industry.
Sir Philip Green said he wanted to "sort" the BHS pensions scheme months ago but regulators say they are yet to receive a "credible" offer.