Image: Sir Philip Green The chain’s collapse a year later, amid stinging criticism from MPs, prompted Sir Philip to contribute £363m of his own money to help plug pension scheme. over the edge..

Philip Green, chairman of the UK’s Arcadia Group, has received the support of pension regulators for his plan to rescue his beleaguered retailer after agreeing to inject an additional 25 million into the retailer’s pension fund, on top of previous commitments of 360 million.

Sir Philip Green is on course for a fresh clash with regulators after his Arcadia retail empire launched a rescue plan which. company’s pension scheme to £25m, with Sir Philip making up the.

The company which owns Topshop has received backing for a rescue deal (picture: pa) Sir Philip Green’s Arcadia retail group has narrowly secured backing for plans to close numerous stores in a.

Arcadia has offered the pension fund trustees security over unnamed assets, thought to be Topshop’s London flagship store (above). Photograph: Niklas Halle’n/AFP/Getty Images Sir Philip Green is.

Sir Philip Green has won the backing of the Pension Protection Fund (PPF) for his plan to rescue Arcadia ahead of a crucial. trustees of Arcadia’s pension schemes will be granted security over.

Sir Philip Green’s stalled BHS pension plan spared automatic cuts Regulator blocked 2014 proposal said to be more attractive and cheaper than official 275m rescue Share on Twitter (opens new.

BHS is being wound down after administrators failed to secure a rescue deal, putting 11,000 jobs at risk. Green controlled BHS for 15 years until 2015 when it was sold to Chappell’s consortium, Retail.

Sir Philip Green should use his own money to support the pension fund of his troubled Arcadia retail empire. About 520 jobs are thought to be at risk as a result of the rescue plan for Arcadia. The.

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Retail mogul Sir Philip Green has agreed to pay 363 million to rescue the BHS pension scheme. He said that the amount, which is less than the 571 million deficit the company was left with when.

Sir Philip Green’s Arcadia Group has announced it will close 23 in the UK and Ireland, putting 520 jobs at risk.. Burton, Dorothy Perkins and Topshop stores have been earmarked for closure as part.

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