British Prime Minister Boris Johnson said yesterday the conduct of directors of the collapsed fashion group Arcadia would be examined, Reuters reported. “The secretary of state for business, enterprise and skills (Alok Sharma) has written to the Insolvency Service to look at the conduct of the Arcadia directors,” Johnson told parliament. Arcadia, owned by Philip Green, entered administration on Monday, threatening 13,000 jobs. “We will be doing everything we can to restore the high streets of this country,” Johnson added. Sharma said he had asked the regulator to review a report from Arcadia’s administrators as soon as they received it.
