WATCH: Sir Philip Green gets physical with Sky News

"There's no need for any violence!" pleads reporter David Bowden...

WATCH: Sir Philip Green gets physical with Sky News

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Sir Philip Green has been caught on camera confronting a Sky News crew eager to question him on why he is spending time on his super-yacht in Ithica while the BHS crisis rumbles on.

The billionaire knight and former owner of BHS decided he didn't want to talk and took aim at their equipment, issuing the threat "that's going in the f***ing sea!" as he made a grab for the camera.

He can also be seen shoving reporter David Bowden, who responds that "there's no need for any violence!"...

Green has been urged to stop "swanning about" on his yacht, get on a private plane and sort out the BHS crisis.

Despite promising British MPs two months ago that he would "sort" the pensions blackhole caused by the UK high street chain's collapse, he has taken no action, the co-chairman of the BHS Inquiry Committee Iain Wright told Sky News.

Instead, he has been holidaying on his newly built £100m yacht around the Greek islands.

Wright said it had been a "frustratingly slow" delay for a "deal-maker" who could "buy and sell companies in a matter of days". He noted that there was a stark contrast between the 20,000 people facing reductions in their pensions and footage of him on his third yacht, adding:

"There will be people who have worked long and hard for many, many years at BHS who, given the stresses and strains of the past few months, would love a holiday."

Ex-store manager Lin Macmillan told Sky News that the retail tycoon should be sorting out the failed firm's pension black hole rather than "swanning around" on a luxury holiday.

She said:

"What he needs to do is to get on his private plane and fly back to the UK and get into serious meetings with the pensions regulator because that's what he promised he would do to MPs two months ago and there's been little sign of any action since then."

"We would hope that the man has a conscience and that he would dig deep into his pockets, if necessary sell one of his yachts, and bail out the pension fund to help those people who worked so hard for BHS over the years."

The businessman has been criticised by BHS staff, unions and some MPs for selling the store chain for £1 to former bankrupt Dominic – who in turn called in receivers.

The collapse of BHS in April has affected 11,000 jobs and 22,000 pensions and led to a long parliamentary inquiry in Westminster.

Green has borne the brunt of the public fallout, having been branded the "unacceptable face of capitalism" by MPs.

However, Wright has admitted that there is very little the committee can do to make Green come good on his pensions promise.

On Tuesday, thousands of BHS workers were given a stay of execution when it emerged the department store chain's remaining 57 shops will remain open longer than expected.

The deadline for all outlets to close has been extended until August 28th.

The administrators have already overseen 106 closures in recent weeks, with the latest being the flagship store on London's Oxford Street.

Sir Philip's newly built boat Lionheart is almost as long as a football pitch and has a smaller motor-launch to ferry passengers to and from shore.

It is reported to have a crew of 40 people, including a chef and a dog walker for the family pets.

Additional reporting by IRN