A trio of Goldman Sachs bankers are giving evidence to MPs to explain their role in retail billionaire Philip Green’s sale of BHS last year for £1 to Dominic Chappell, a bankrupt former racing car driver. BHS collapsed into administration earlier this year.

A senior Goldman Sachs banker told a UK parliamentary inquiry that the bank's reputation hasn't been helped by its involvement in the sale of a major British retailer which subsequently collapsed.