Joe Corre — founder of the Agent Provocateur lingerie stores; son of Sex Pistols impressario Malcolm McLaren and fashion designer Vivienne Westwood– torched £5m worth of punk tat in the middle of the Thames, topped with effigies of Tories including Boris Johnson, George Osborne and David Cameron.
"Punk was never, never meant to be nostalgic – and you can't learn how to be one at a Museum of London workshop," said Mr Corre on Saturday.
"Punk has become another marketing tool to sell you something you don't need.
"The illusion of an alternative choice. Conformity in another uniform."