The unbearable lightness of Special K

The Adgenda: this weeks most ridiculous advert.

The new Kellogg’s advert for Special K sets out to be poignant in its first line: “from the day we are born, we are defined by a number”. If only this were the whole story; a number is pretty easy to hide. Nobody writes their measurements on their forehead before they leave the house, nor does Facebook demand a kilogram quantity as you fill in your details. We (and of course, though the advert failed to specify, this means “women”) are more defined by appearance and proportion of our bodies. However, it rambles on, asking “but is a number inspiring?” as if when women consider their size as anything other than numerical they immediately float with inspiration. Yes, maybe weight should be lost based on how we feel over how we weigh, but unfortunately how we feel rather depends on how we compare to the standard model of beauty – a standard ironically portrayed by the clingy red dress on the Special K box.

The ad claims “we believe in a more powerful motivation”, following with a stream of inspirational buzz-words that all translate into an irrational desire to fit into that red dress they love so much. And their inspiration knows no bounds: surely if they throw in a couple of other cultures and languages, it’ll show us that women across the globe should all go out of their way to feel accepted for their body shape! They seem to think they’re playing a valuable part in women’s fight to be seen as more than just a splodgy shape of either suitable or unsuitable proportions. Congratulations, you’re focusing on how women feel about themselves rather than how they look, have a cookie for ending female body issues once and for all! Nope. If how women feel about themselves still has to depend on how heavy they are, you’re not creating any sort of magical self-acceptance. “What will you gain when you lose?” I don’t know, what do you expect? Confidence, possibilidades, or perpetuated gender ideals? 

“From the day we are born, we are defined by a number” Photograph: Getty Images
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BHS is Theresa May’s big chance to reform capitalism – she’d better take it

Almost everyone is disgusted by the tale of BHS. 

Back in 2013, Theresa May gave a speech that might yet prove significant. In it, she declared: “Believing in free markets doesn’t mean we believe that anything goes.”

Capitalism wasn’t perfect, she continued: 

“Where it’s manifestly failing, where it’s losing public support, where it’s not helping to provide opportunity for all, we have to reform it.”

Three years on and just days into her premiership, May has the chance to be a reformist, thanks to one hell of an example of failing capitalism – BHS. 

The report from the Work and Pensions select committee was damning. Philip Green, the business tycoon, bought BHS and took more out than he put in. In a difficult environment, and without new investment, it began to bleed money. Green’s prize became a liability, and by 2014 he was desperate to get rid of it. He found a willing buyer, Paul Sutton, but the buyer had previously been convicted of fraud. So he sold it to Sutton’s former driver instead, for a quid. Yes, you read that right. He sold it to a crook’s driver for a quid.

This might all sound like a ludicrous but entertaining deal, if it wasn’t for the thousands of hapless BHS workers involved. One year later, the business collapsed, along with their job prospects. Not only that, but Green’s lack of attention to the pension fund meant their dreams of a comfortable retirement were now in jeopardy. 

The report called BHS “the unacceptable face of capitalism”. It concluded: 

"The truth is that a large proportion of those who have got rich or richer off the back of BHS are to blame. Sir Philip Green, Dominic Chappell and their respective directors, advisers and hangers-on are all culpable. 

“The tragedy is that those who have lost out are the ordinary employees and pensioners.”

May appears to agree. Her spokeswoman told journalists the PM would “look carefully” at policies to tackle “corporate irresponsibility”. 

She should take the opportunity.

Attempts to reshape capitalism are almost always blunted in practice. Corporations can make threats of their own. Think of Google’s sweetheart tax deals, banks’ excessive pay. Each time politicians tried to clamp down, there were threats of moving overseas. If the economy weakens in response to Brexit, the power to call the shots should tip more towards these companies. 

But this time, there will be few defenders of the BHS approach.

Firstly, the report's revelations about corporate governance damage many well-known brands, which are tarnished by association. Financial services firms will be just as keen as the public to avoid another BHS. Simon Walker, director general of the Institute of Directors, said that the circumstances of the collapse of BHS were “a blight on the reputation of British business”.

Secondly, the pensions issue will not go away. Neglected by Green until it was too late, the £571m hole in the BHS pension finances is extreme. But Tom McPhail from pensions firm Hargreaves Lansdown has warned there are thousands of other defined benefit schemes struggling with deficits. In the light of BHS, May has an opportunity to take an otherwise dusty issue – protections for workplace pensions - and place it top of the agenda. 

Thirdly, the BHS scandal is wreathed in the kind of opaque company structures loathed by voters on the left and right alike. The report found the Green family used private, offshore companies to direct the flow of money away from BHS, which made it in turn hard to investigate. The report stated: “These arrangements were designed to reduce tax bills. They have also had the effect of reducing levels of corporate transparency.”

BHS may have failed as a company, but its demise has succeeded in uniting the left and right. Trade unionists want more protection for workers; City boys are worried about their reputation; patriots mourn the death of a proud British company. May has a mandate to clean up capitalism - she should seize it.