I know how he is going to do it

I just had a meeting with someone who used to work at Arcadia.  The way it works there re managing the cost base is that the MD - Ian Green, signs off every order that is placed over £5000 (excluding Goods For Resale).  That has created a culture where they just don't spend money.

Before the announcement of Sir Philip Green helping the Government, apparently the Head of Purchasing from Arcadia got sent to a meeting with the Chancellor - I would have loved to have been a fly on the wall for that meeting.

So the answer is that perhaps the PM will be signing off all requests for expenditure now ? - that should be interesting.