The only way Sir Philip can re-build his reputation is the hard way. Eleven thousand people lost their jobs as a result of the collapse of BHS, leaving a £571million hole in its pension fund... The time for belligerence is over. Sir Philip needs to learn how to do humility. It may not come naturally to him, but it is his only option.
As the new UK Government navigates a course towards a new economic and political relationship with Europe and the rest of the world, UK businesses and their leaders must adopt a firm stance focused on keeping the British economy successful, open and innovative.
During the EU referendum campaign, the Vote Leave campaign repeatedly reassured the British people that a vote for Brexit would boost the economy and create jobs. And they dismissed all expert warnings of the consequences of a vote to leave - from the Bank of England, IMF, Treasury and others. But Monday has seen just the latest in a series of shockingly bad economic numbers... While the new Prime Minister earnestly reassures the nation about her commitment to an industrial strategy, her government is packed full with Leave campaigners who have made that strategy immensely more difficult to carry out.
It's not as if Labour is able to scrutinise the Three Brexiteers at the moment. The party hasn't even got a Shadow International Trade Secretary, and Emily Thornberry is having to double up as both Shadow Foreign and Shadow Brexit. Clegg therefore finds himself in the position of Scrutineer-in-Chief as the Brexiteers get to work. After a fairly terrible few years, this is the moment Nick Clegg has been waiting for.
It infuriates me that the Mail can and will continue to use Corbyn's admirable position on absolutely anything as constant fodder for accusations of hypocrisy. It's a sad fact that products made with cheap labour are everywhere. Anyone who has ever bought anything from Apple, H&M, GAP, Primark, Nestle, Nike, Adidas or any one of the long list of retailers and brands that use cheap labour is complicit.
If Philip Green, the man who stands accused of bringing one of the UK's iconic high street brands to its knees, was to have a motto it would be: 'He knows the price of everything. But the value of nothing'.
Grotesque greed is only a small part of the scandal over how the department chain BHS was allowed to collapse, the bulk of it is the failure of Capitalism Plc. So we'd better hope that Theresa May delivers on her promise to reform business culture in the UK.
We need to radically rethink the notion that Britain is helping Africa to develop. The UK's large aid programme is, among other things, being used to promote African policies from which British corporations will further profit. British policy in Africa, and indeed that of African elites, needs to be challenged and substantially changed if we are serious about promoting long term economic development on the continent.
It's now looking pretty likely that the shock to the system that came from the Brexit vote is causing an economic contraction. The questions are whether it is a short-lived wide-eyed moment that will dissipate over the next few months, or whether it becomes entrenched.
I started my business at the onset of the recession in 2008; I'm no stranger to managing uncertainty. But the UK's recent decision to leave the EU is a curve ball, particularly for an importing company like mine.
In the aftermath of the Brexit vote, it is time that Parliament gave government new powers to intervene in strategically-significant takeovers when it is in the public interest. The present legislation allows intervention only in matters relating to national security or media concentration.
I'd like to take this opportunity to reassure our supporters and campaigners, and indeed everyone affected by mental illness, that we will do everything we can to ensure mental health remains a priority for the Government, regardless of how dominant the question of our future relationship with Europe, to coin the phrase, remains.
The UK - and therefore its population - is living way beyond its means. We have a Balance of Payments deficit of about 7% of GDP means that, on average, we are all enjoying a standard of living which is 7% higher than we are earning. To support this unrealistic life-style we are either borrowing from abroad or selling assets to foreign interests year after year on a scale unmatched by any other developed country.
The British public deserve to have their say, take stock of what vision this political leader has for our country and decide which path they want our country to go down. Without such an election, Theresa May will have no mandate and the British public will have a Prime Minister they don't know and have not endorsed.
We all know about differences between children from rich, poor and middle-income families. Or at least we think we do. But new research that we have undertaken at the Institute for Fiscal Studies shows that these differences have changed dramatically. In terms of their sources of income and rates of home-ownership, middle-income families look much more like poorer families, and much less like high-income families, than they used to.
Over the last few weeks one word has begun to feature more prominently in our political debate. Not referendum, not uncertainty, not leadership... but control.