But then, Green is used to cherry-picking which rules he plays by. Take this example: he buys Arcadia, the company that owns Topshop, then arranges for it to give his wife a dividend of £1.2bn. Since Tina Green is, conveniently, a resident of Monaco, the tax savings on that one payment alone are worth an estimated £300m.
Well, no, not really.
As The Guardian pointed out in a correction:
The following correction was printed in the Guardian’s Corrections and clarifications column, Tuesday November 9 2004
Philip Green, the retailer, has asked us to point out that contrary to the impression given in the headline of this article, Arcadia has at all times been owned by his wife since the business was acquired in 2002.