Sir Philip Green has been named in Parliament as the businessman at the centre of Britain’s #MeToo scandal.

The Topshop owner was identified by Lord Hain, the former Leader of the House of Commons, after two days of speculation over the name of the man behind the injunction.

The former Labour cabinet minister said that he had been contacted by someone “intimately involved in the case” and felt a “duty” to reveal the name using parliamentary privilege.

Following Lord Hain’s comments there were calls for the billionaire to be stripped of his Knighthood and for a crackdown on the use of non-disclosure agreements by “serial offenders”.

Vince Cable, the former Business Secretary and Leader of the Lib Dems, said: “I find it very difficult to see how he could credibly hold on to an honour in these circumstances.

“I think Parliament’s proving its worth. The use of Parliament in this way is healthy and it shows democracy at work.”

Frank Field, the MP for Birkenhead who previously led condemnation of Sir Philip over the treatment of BHS pensioners, said: "The charge sheet against the knighthood is growing. Parliament and the country have made their views clear on this matter. Ultimately it's a decision for the honours forfeiture committee."