Sir Philip Green, who sold BHS for £1 in March 2015, has been branded the “unacceptable face of capitalism”. The reason: according to MPs, Sir Philip, Dominic Chappell, and others subjected BHS to a “systematic plunder” that led to the company’s collapse; in April, the company went into administration, leaving a £571m pension deficit. All remaining stores will close in August.
So were Sir Philip’s actions wrong? And does morality have any place in capitalism?
Until I saw the headline on the BBC earlier this week, I actually had no idea that VCRs were still being produced. But apparently they are. Well, until later this month that is. So, as we wave goodbye to VHS, I wonder whether anyone will miss it, or if this is one piece of technology that most people will be only too happy to see the back of.
Last night, as I was walking home past a local park, I spotted several couples stop suddenly and begin playing with their phones. I knew exactly what they were doing: like me they were catching some wild Pokemons. With so many people playing, it feels like we are part of some huge collective treasure hunt. So why is Pokemon GO so popular? And is it a good thing?