The story of the "hubris and greed" of billionaire Sir Philip Green's controversial rise to retail power is set to be turned into a TV drama.

Mammoth Screen, the company behind Victoria and Poldark, has secured the rights to adapt a book covering the Arcadia Group boss's business dealings.

Damaged Goods: The Inside Story Of Sir Philip Green, The Collapse Of BHS And The Death Of The High Street, written by Sunday Times business journalist Oliver Shah, was published in the summer.

It follows the ascent of Sir Philip, who through Arcadia owns high street brands including Topshop, Burton and Dorothy Perkins.

The book came out a few months before the retail tycoon was named as the businessman behind an injunction against The Daily Telegraph. The newspaper had earlier reported that an unnamed businessman had been granted an injunction to prevent them revealing alleged sexual harassment and racial abuse of staff.

Sky News tracked him down at a health resort in Tucson, Arizona, the day after he was named in connection with the allegations. He refused to comment on the claims.

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Video: Green: 'You're starting to really annoy me'

Sir Philip previously made headlines during the collapse of British Home Stores (BHS), which was sold off for £1 in 2015, ultimately leading to thousands of job losses.

Mammoth Screen has confirmed that the dramatisation of Mr Shah's book is in the early stages of production, and there is no set date for either filming or release.

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The company's boss, Damien Timmer, told Radio Times magazine: "Oliver's book is an unparalleled account of the last 40 years of big business in this country.

"It's the ultimate story of hubris and greed. We look forward to adapting this extraordinary book into a gripping and seminal drama for our times."

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