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‘I’m not Father Christmas’- Mike Ashley’s heated exchange with MPs

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Sports Direct billionaire Mike Ashley is facing questions from the MPs today about his takeover of House of Fraser (HoF) and zero-hours contracts.

Media reports suggest that the retail tycoon is in a combative mood and things are getting heated already.

When Ashley is asked on zero hours contracts, keeping terms and conditions for existing HOF staff, Ashley responds – “stop trying to showboat and pin me down.. I thought this was about saving the high street.”

“I came here to talk about the high street,” said Ashley, as he refuses to be dragged into making commitments regarding HoF customers who made purchases before administration

“We are not obliged in anyway to honour anything and anything we do do is a good will gesture. The new company does not owe one penny of the old one’s debts,” he added.

When committee chairman Clive Betts presses Ashley on whether he should have honoured responsibilities to customers who had made online purchases in good faith online, he hits back saying he has already faced a “media storm” over this.




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