Could we be about to see the market set a value on a UK knighthood? I pose the question against the backdrop of the growing number of calls for Sir Philip Green of British Home Stores fame to be stripped of his title on the grounds that the BHS pension fund is some £571m in deficit, the bulk of it accrued during his 15-year stewardship of the company.
Green is widely reported to have offered a sum that might be worth up to £80m to the UK's Pension Protection Fund to absolve him of further liability. That has been deemed inadequate.
I would humbly suggest that the difference between this £80m and whatever final sum is agreed to be acceptable in terms of reducing the pension deficit, will set the current market value of a UK knighthood. It's not quite Camelot, is it???