Brought to you by: Monaco Life
The BHS scandal engulfing long-time Monaco resident Lady Tina Green and her husband Sir Philip, is showing no signs of going away.
The man who paid just one pound to buy the ailing but iconic UK high street chain from the Greens, Dominic Chappell, has been arrested on alleged tax offences. In addition to the tax authorities, the UK’s pension regulator is weighing taking action against both Chappell and Sir Philip over the 571 million pounds hole in the chain’s pensions pot, which has 20,000 members.
Sir Philip has previously said he will “sort” the pensions gap. The stores closed earlier this year with the loss of 11,000 jobs.
During his annual address to the press, National Council President Stéphane Valeri was optimistic for 2022, saying "there are reasons to hope that we can get back to a quasi-normal life.”
Nice Côte d’Azur airport ended 2021 with over 6.5 million passengers passing through, higher than expected and fuelled mainly by a strong summer season and the return of long-haul flights.
It is expected to be another mild, sunny weekend at the region’s ski resorts with plenty of standing snow, while Valberg will be hosting a Monte-Carlo Rallye event on Friday.
The celebration of Sainte Devote, Monaco’s Patron Saint, will be held next week, and again this year the Principality is taking adapted measures to ensure the health and safety of all who wish to participate.