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....The former owner of BHS has told a court he did not receive demands for information from the pensions watchdog as he was “offshore on a boat”. Dominic Chappell, who headed Retail Acquisitions which bought BHS for £1 from Topshop entrepreneur Sir Philip Green about a year before the department store fell into administration, has been accused of failing to provide information to the pensions regulator. ... [Read full article on Guardian ]
Wednesday 20th of September 2017 04:59:34 PM
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Former BHS owner didn't get summons as was 'on a boat' image
Source : Guardian [Read Article] Wednesday 20th of September 2017 04:59:34 PM
....The former owner of BHS has told a court he did not receive demands for information from the pensions watchdog as he was “offshore on a boat”. Dominic Chappell, who headed Retail Acquisitions which bought BHS for £1 from Topshop entrepreneur Sir Philip Green about a year before the department store fell into administration, has been accused of failing to provide information to the pensions regulator. ...
Former BHS owner could face fine if the charges stick image
Source : Guardian [Read Article] Sunday 17th of September 2017 09:31:18 AM
....Dominic Chappell, the former owner of the company, is to be prosecuted by the pensions watchdog for failing to give information for an investigation into its sale. Chappell, who bought BHS for £1 from Sir Philip Green in 2015, faces three charges of neglecting or refusing to provide information and documents without a reasonable excuse – a criminal offence which can result in a fine. ...
Hinkley nuclear power is being priced out by renewables | Nils Pratley image
Source : Guardian [Read Article] Monday 11th of September 2017 06:12:14 PM
....A second requirement is a parallel cull of the non-executive directors. Philip Green, former boss of United Utilities, has been chairman since 2014 and his dispatch to shareholders in last year’s annual report now reads as a risible piece of corporate hubris. ...
Can Poland's answer to Topshop make it on Oxford Street? image
Source : Guardian [Read Article] Saturday 9th of September 2017 07:00:01 AM
....Reserved has signed a 10-year lease worth £42m to secure its prized spot on London’s most important shopping street. If the retailer is Poland’s Topshop, then Piechocki must be its de facto Philip Green, albeit a tall, slim, uncontroversial version with a degree in civil engineering from the Gdańsk University of Technology. ...
Richard Desmond poised to sell Express and Star to Trinity Mirror image
Source : Guardian [Read Article] Friday 8th of September 2017 07:32:26 AM
....For Desmond, who has a fortune estimated at £2. 5bn just a few notches below his good friend Sir Philip Green, the sale marks the end of a publishing empire and the departure of one of the media industry’s most ruthless operators. ...
Sir Philip Green threatening legal action against Frank Field MP image
Source : Guardian [Read Article] Thursday 31st of August 2017 08:44:05 PM
. Sir Philip Green has threatened the MP Frank Field with legal action after the Labour politician claimed to have seen leaked details of the official investigation into the BHS pension crisis. ...
Sir Philip Green's retail empire agrees to pay £30m to BHS creditors image
Source : Guardian [Read Article] Friday 25th of August 2017 01:05:05 PM
. Sir Philip Green’s Arcadia retail empire has agreed to pay £30m to unsecured creditors of BHS following the collapse of the department store chain with the loss of 11,000 jobs. ...
Ex-BHS owner Dominic Chappell prosecuted by pensions regulator image
Source : Guardian [Read Article] Tuesday 22nd of August 2017 11:38:09 AM
....Dominic Chappell, the former owner of BHS, is to be prosecuted by the pensions watchdog for failing to provide information for an investigation into its sale. Chappell headed Retail Acquisitions, the company that acquired BHS for £1 from Sir Philip Green in 2015. ...
Uber and Deliveroo chiefs face new grilling by MPs image
Source : Guardian [Read Article] Tuesday 25th of July 2017 10:18:54 AM
....Reeves said the business committee had had its best moments in recent years when it held “the feet to the fire of some of our business tycoons” over their treatment of staff. Retail billionaires Sir Philip Green, whose empire includes Topshop and the now-defunct BHS, and Mike Ashley, the founder of Sports Direct, appeared in front of the committee to face questions during the last parliament. ...
Burberry's Paul Price to be new boss of Topshop image
Source : Guardian [Read Article] Wednesday 19th of July 2017 05:46:19 PM
....An American who started his fashion retail career at Bloomingdale’s department store, Price has spent the past decade as chief merchandising officer at British luxury brand Burberry. Sir Philip Green, the head of Arcadia Group, which owns Topshop, Topman and a string of other high-street names including Dorothy Perkins and Evans, said: “I believe Paul will be a great catalyst in leading the next phase of Topshop/Topman’s global expansion. ...
Karren Brady to chair firm that owns Philip Green's Arcadia group image
Source : Guardian [Read Article] Monday 17th of July 2017 02:40:37 PM
. Karren Brady, the West Ham United chief executive and regular on The Apprentice, is to take over as chair of Sir Philip Green’s retail empire as Anthony Grabiner steps down. ...
Aramco may be big, but fawning to Saudis diminishes London image
Source : Guardian [Read Article] Sunday 16th of July 2017 06:00:14 AM
....How can Carillion, a company with 48,000 employees and a £5bn turnover, be exposed as a financial mess in one stock exchange statement – such as the one that sent its shares crashing 70% last week?. A clue can be found in March’s annual report, where chairman Philip Green wrote: “The group has once again delivered strong revenue growth. ...
Carillion boss steps down as shares crash 40% image
Source : Guardian [Read Article] Monday 10th of July 2017 09:40:51 AM
.... Howson will stay on for up to a year to help with the transition. Philip Green, the chairman, said urgent action was needed to pay down debts and generate more cash. ...
Mike Ashley 'paid ex-Sports Direct chief secret £1m-a-year bonus' image
Source : Guardian [Read Article] Tuesday 4th of July 2017 04:57:10 PM
....Ashley is due to give evidence on Wednesday. The court case on Tuesday heard that Blue had asked Topshop billionaire Sir Philip Green to intervene on his behalf with Ashley, in an attempt to collect £14m Blue claims he is owed from the deal allegedly agreed in the Horse & Groom pub in Fitzrovia, central London. ...
Green's 'main purpose' in BHS sale was to avoid pension liability, says watchdog image
. Sir Philip Green was pushed to pay into BHS’s pension after the industry regulator found the “main purpose” in selling the department store was to prevent taking on liability for the scheme. ...
Boohoo co-founder sells £80m in shares as he reveals 'supersite' plan image
.... A spokesperson for the company said Boohoo had yet to decide on a location for the 600,000 sq ft facility. The upbeat outlook from Boohoo was in sharp contrast to the fortunes of its rival Topshop, part of Sir Philip Green’s retail empire, where UK sales fell for the first time in more than a decade. ...
Topshop owner sees profits dive by 79% image
Source : BBC [Read Article] Thursday 8th of June 2017 12:44:18 AM
. Profits at Sir Philip Green's retail empire, which includes High Street fashion chain Topshop, plummeted by 79% last year. ...
Sir Philip Green's retail empire reels from BHS closure and Topshop fall image
. Sir Philip Green’s retail empire suffered a worse than expected 79% fall in profits last year as it reeled from the closure of BHS and a tough fashion market, during which Topshop’s UK sales fell for the first time in more than a decade. ...
Philip Green fashion empire hit by 16% fall in profits image
Source : Guardian [Read Article] Sunday 4th of June 2017 03:29:15 PM
. Sir Philip Green’s fashion empire suffered a 16% fall in profits last year as the billionaire’s Topshop-to-Miss Selfridge group struggled with difficult trading on the high street. ...
Ex-BHS owner Dominic Chappell could be pursued by Sir Philip Green for millions image
. Dominic Chappell, the former owner of BHS, could be pursued for millions of pounds owed to Philip Green’s business empire as well as to creditors of the now collapsed department store. ...
Investors should get a bigger say on executive pay, says IoD image
Source : Guardian [Read Article] Wednesday 10th of May 2017 06:25:49 AM
....A report by the committee, published last month, said executive pay had been “ratcheted up” to the point where there is no credible link between earnings and performance. It said faith in corporate governance had been shaken in the wake of scandals such as that involving Sir Philip Green and the BHS pension fund, and has called for businesses to simplify the structure of executive pay and put an end to long-term incentive plans. ...
Rich List 2017: UK's super-rich carry on making billions image
Source : BBC [Read Article] Sunday 7th of May 2017 12:04:04 AM
...." . Among those who lost money in this year's list were controversial businessmen Mike Ashley, the founder of Sports Direct, and Sir Philip Green, chairman of the Arcadia Group and the former owner of the collapsed chain store BHS. ...
Sir Philip Green and wife took £433m hit last year, says rich list image
. Sir Philip Green and his wife are among the UK’s richest couples – although their wealth has fallen by £433m over the past year following the collapse of BHS, according to an annual wealth ranking. ...
General election: May paves way for end to pledges on NI and income tax image
....One policy that she hopes will reach beyond the core Conservative vote is a promise to strengthen the pensions regulator to be able to block corporate takeovers if they are used to strip pension funds. Tories said the policy was formulated as “employees of large, household-name companies have found their pensions put at risk by irresponsible behaviour of bosses”, in an apparent reference to Philip Green and the BHS scandal. ...
May vows to protect pensions from 'unscrupulous bosses' image
Source : BBC [Read Article] Sunday 30th of April 2017 03:59:09 AM
....Meanwhile, Labour has unveiled a plan to strengthen rights at work. Billionaire Sir Philip Green sold BHS for £1 in 2015 and a year later it went into administration with a £571m pension deficit. ...
Sir Philip Green could still lose knighthood, says MP image
Source : Guardian [Read Article] Sunday 23rd of April 2017 03:54:50 PM
. Sir Philip Green has been warned that he could still be stripped of his knighthood and faces further questions from MPs, one year after the collapse of BHS. ...
BHS crash sets trend for a chain of closures on UK high streets image
Source : Guardian [Read Article] Saturday 22nd of April 2017 03:00:17 PM
....A year on, the high street is still reeling from the body blow. More than two-thirds of the retailer’s 164 stores are still lying empty and its pensioners have been left worse off, even after former owner Sir Philip Green agreed to pump up to £363m into supporting the pension scheme. ...
Government cap on energy prices would spark backlash | Nils Pratley image
Source : Guardian [Read Article] Wednesday 19th of April 2017 06:12:57 PM
.... It’s the minister who will be blamed when prices for consumers have to go up. Mike Ashley and Sir Philip Green may shed few tears, but it’s a shame that Iain Wright, the Labour MP who chairs the business select committee, won’t be standing for re-election to parliament. ...
Did you lose your job when BHS went into administration? image
Source : Guardian [Read Article] Tuesday 18th of April 2017 04:44:09 PM
.... This is a better outcome than if the BHS pension scheme had entered the Pension Protection Fund, a lifeboat for failed pension schemes, where workers would have received an estimated 75% to 79%. The 88-year-old retailer failed when it ran out of money a year after it was sold by Sir Philip Green to the serial bankrupt Dominic Chappell for £1. ...
Two-thirds of BHS stores lie empty as anniversary of collapse nears image
Source : Guardian [Read Article] Sunday 16th of April 2017 03:30:44 PM
....BHS went into administration on 25 April 2016 with the loss of 11,000 jobs. The 88-year-old retailer failed when it ran out of money a year after it was sold by Sir Philip Green to the serial bankrupt Dominic Chappell for £1. ...
BHS workers share £1m payout over failed redundancy process image
Source : Guardian [Read Article] Friday 14th of April 2017 06:59:27 AM
....When BHS collapsed into administration a year ago, with the loss of 11,000 job losses, it was the biggest high-street failure since that of Woolworths, which went into administration in 2008. The retailer had been owned by Sir Philip Green for 15 years until he sold it to Dominic Chappell, a former bankrupt, for just £1 in March 2015. ...
MPs urge crackdown on excessive pay to rebuild public trust in business image
Source : Guardian [Read Article] Wednesday 5th of April 2017 05:30:12 AM
....”. The committee highlighted revelations that workers at Sports Direct were being paid less than the legal minimum wage and the demise of BHS, which cost 11,000 jobs and prompted MPs to declare that the retailer had been subject to “systematic plunder” by former owners Sir Philip Green, Dominic Chappell and their respective “hangers-on”. ...
High pay eroding trust in business, says MPs' report image
Source : BBC [Read Article] Tuesday 4th of April 2017 11:14:33 PM
....Committee chairman Iain Wright said recent scandals have exposed flaws. The report says faith in corporate governance has been shaken in the wake of scandals such as Sir Philip Green and the BHS pension fund. ...
Sir Philip 'favoured' Arcadia pension schemes over BHS image
Source : BBC [Read Article] Sunday 2nd of April 2017 07:20:55 PM
. Sir Philip Green has been "long favouring" the pension schemes of Arcadia over those of BHS, according to the chairman of the Commons Work and Pensions Committee, Frank Field. ...
Arcadia plan sees pension woe pile up for Philip Green image
Source : Guardian [Read Article] Saturday 1st of April 2017 03:00:28 PM
. The pension scheme deficit at Sir Philip Green’s Arcadia Group has risen to nearly £1bn, which means another headache for the former BHS owner. ...
Topshop loses managing director to The White Company image
Source : BBC [Read Article] Wednesday 29th of March 2017 11:21:38 AM
. Sir Philip Green's fashion chain, Topshop, is losing its trailblazing managing director Mary Homer to The White Company. ...
Sir Philip Green 'could get £15m refund from £363m BHS payout' image
Source : Guardian [Read Article] Tuesday 21st of March 2017 06:30:06 AM
. Sir Philip Green is in line for a £15m refund from his £363m deal to rescue the BHS pensions scheme, Labour MP Frank Field has claimed. ...
Forbes billionaire list: Trump loses $1bn as elite club gets 233 new members image
.... His wealth, which is largely held in Sports Direct shares, has roughly halved over the past two years as shares collapsed following the Guardian exposé of “Victorian workhouse”-style conditions in its distribution warehouses. Sir Philip Green and his wife, Tina, the owners of Arcadia, which owns Topshop and once owned BHS, also lost just over $1bn, with their fortune slumping to $4. ...
Unilever bids to heal shareholder rift amid 'garage sale' warnings image
Source : Guardian [Read Article] Sunday 19th of March 2017 01:46:15 PM
....But the company also remains committed to fending off any renewal of Kraft Heinz’s interest, which comes amid support from the former City minister Paul Myners. Lord Myners, who chaired Marks & Spencer when it fought off a bid from the BHS tycoon Sir Philip Green, upbraided the prime minister for not doing enough to “protect prize assets” in an editorial for the Sunday Telegraph. ...
Unilever is safe, but we need better defences against short-term capitalism image
.... This is no easy task. Sir Philip Green’s return to public life this week, via a 65th birthday party at the Dorchester hotel, was a modest affair befitting a reputation that is only just emerging from a solid Ratnering over the past 12 months. ...
Philip Green's lavish party for his 65th ends exile from social circuit image
Source : Guardian [Read Article] Thursday 16th of March 2017 08:27:49 PM
. The retail tycoon Sir Philip Green has ended his exile from the London social circuit with a lavish party at the Dorchester hotel to celebrate reaching retirement age. ...
Topshop owner to double contributions to plug pension deficit image
Source : Guardian [Read Article] Sunday 5th of March 2017 03:28:55 PM
. Sir Philip Green has agreed a deal to pump as much as £50m a year into the pension fund behind his fashion business, Arcadia, to plug a growing deficit, just days after reaching a settlement over the BHS pension scandal. ...
Budget 2017: Is G4S trying to bury its results on Wednesday? image
Source : Guardian [Read Article] Sunday 5th of March 2017 12:01:28 AM
.... The bank later admitted the move was “a mistake”. A better week for Sir Philip Green, who after seeming to finally “sort” the BHS pension problem hopes he might retain his precious knighthood. ...
Agent Provocateur founder brands Mike Ashley's purchase 'a stitch-up' image
Source : Guardian [Read Article] Thursday 2nd of March 2017 12:46:56 PM
.... Barclays was the biggest creditor. Corré said: “The pre-pack arrangement between 3i and Mike Ashley’s Sports Direct is a disgrace to British business up there with Sir Philip Green’s shocking behaviour over BHS. ...
Philip Green owes us BHS workers much more than ‘up to’ £363m | Grant Atterbury image
....In the nine months since I was made redundant after eight and half years working at BHS, much has been said about bringing those responsible to account but little has actually been done. It came as a surprise then when my Twitter feed burst into life with excited messages announcing that the disgraced former BHS owner Sir Philip Green had promised to pay £363m into the BHS pension scheme. ...
Dominic Chappell to fight legal action forcing him to pay BHS pensions image
Source : Guardian [Read Article] Wednesday 1st of March 2017 06:44:02 PM
....Dominic Chappell, the last owner of BHS, has pledged to fight legal action by the Pensions Regulator designed to force him to pay millions of pounds into the failed retailer’s pension scheme, saying the black hole in the scheme was not his fault. The regulator has agreed a £363m cash settlement with Sir Philip Green to rescue the BHS pension scheme and halted legal proceedings against the billionaire. ...
Sir Philip Green's reputation 'still stained' despite BHS pension deal image
. Retail tycoon Sir Philip Green's £363m payment to the BHS pension scheme does not wipe away the stains from his reputation, a senior MP has said. ...
Sir Philip Green hasn't pushed the boat out with his BHS pensions deal | Nils Pratley image
. Do not run away with the idea that Sir Philip Green has suddenly been overcome by the spirit of generosity. ...
Sir Philip Green strikes BHS pension deal with regulator image
Source : BBC [Read Article] Tuesday 28th of February 2017 02:38:18 PM
. Sir Philip Green has agreed a £363m cash settlement with the Pensions Regulator to plug the gap in the BHS pension scheme. ...
Fraud case and falling share price take shine off Lloyds’s farewell to taxpayer image
.... It devoured deals even as others were pulling back, often in commercial property, and not just in the UK but in Ireland and Australia too, where among the more quirky investments that have been sold off is a 16-metre-high pineapple-shaped tourist attraction in Queensland. In the UK, Peter Cummings, who ran the Bank of Scotland corporate lending arm, had a list of clients that included Sir Philip Green during his ill-fated bid for Marks & Spencer in 2004. ...
Dow Jones hits record high – is Trump good for stock markets? image
Source : Guardian [Read Article] Wednesday 25th of January 2017 03:18:04 PM
.... James Crosby, former chief executive of HBOS, the other great British banking disaster, gave his award back before he could suffer a similar fate. Sir Philip Green still has a gong (for now), but even if the Topshop owner eventually coughs up a few hundred million quid for the BHS pension fund, it’s hard to imagine it would be awarded today. ...
Well-paid bosses should not get knighthoods – says Sir Philip Hampton image
Source : Guardian [Read Article] Tuesday 24th of January 2017 06:22:08 PM
....Honours handed to company bosses have been in sharp focus in recent months. In October, MPs voted for Sir Philip Green to lose his knighthood after the collapse of department store of BHS – a symbolic move – while the bribery scandal at Rolls-Royce has sparked calls from Labour for the firm’s former chief executive Sir John Rose to lose his honour. ...
Calls for ex-Rolls-Royce CEO to lose knighthood after firm admits bribery image
Source : Guardian [Read Article] Wednesday 18th of January 2017 07:48:18 PM
.... Before Goodwin was stripped of his knighthood, only convicted criminals or people struck off professional bodies had lost knighthoods. Questions have also been raised about Sir Philip Green’s knighthood, after the collapse of the BHS chain of shops. ...
BHS liquidator pores over details of   Green and Chappell property deals image
Source : Guardian [Read Article] Monday 2nd of January 2017 04:16:53 PM
. The liquidators of BHS are conducting a detailed investigation into property transactions that took place during the regimes of Sir Philip Green and Dominic Chappell, including whether the directors of the retailer breached their duties. ...
Iain Wright, the MP bringing Mike Ashley and Sir Philip Green to book image
Source : Guardian [Read Article] Friday 30th of December 2016 07:00:26 AM
....“Do I have to have a beer with either of them?” asks Iain Wright, the chairman of the Commons’ business select committee, when quizzed about which, of the two billionaires he interrogated during 2016, he would choose to meet for a Christmas pint. “Do you know what? I think Mike Ashley would like a pint more than [Sir] Philip Green,” the Labour MP for Hartlepool says. ...
Philip Green, Vibrac and Riverdance: the mystery of Everton’s ‘shadow investor’ image
....Matheson then attempted to find out whether rumours that have been swirling around the blue half of Merseyside for more than a decade were actually true. “I understand that Sir Philip Green had something of a role as a shadow director at Everton, including having [the accountancy firm] PWC conducting an audit of the club and summoning the chief exec and the team manager to BHS headquarters to discuss transfer budgets,” he said. ...
Wonder why so many BHS workers are relying on charity? Here’s what we face | Grant Atterbury image
....Unlike the hundreds of families of ex-BHS workers who recently flooded the Fashion and Textile Children’s Trust (a charity set up in 1853 to support the families of hard-up workers, the appeal board of which was once chaired by Charles Dickens. Insert comical Ebenezer Scrooge/Philip Green comparison here) with requests for grants, I was able to find help close to home. ...
Brexit, strikes and pay revolts: the year in business image
Source : Guardian [Read Article] Wednesday 28th of December 2016 06:00:27 AM
....Even without the political turmoil, 2016 was a dramatic year for business leaders. The collapse of BHS led to intense pressure on Sir Philip Green and demands that he fill the £571m hole in the store chain’s pension fund, while Mike Ashley was summoned before MPs to explain the working practices the Guardian had exposed at Sport Direct’s Derbyshire warehouse. ...
BHS workers swamp Charles Dickens charity with help requests image
Source : Guardian [Read Article] Tuesday 27th of December 2016 05:53:33 PM
....BHS is the biggest high street retailer to enter administration since the failure of Woolworths in 2008 with the shutters coming down on all of its 170 stores. The collapse of BHS and the implications for its workers and pensioners has damaged the reputation of its former owner Sir Philip Green, who is being pursued by the Pensions Regulator to resolve the £571m hole in the bust retailer’s pension scheme. ...
Philip Green demands Dominic Chappell pays into BHS pension deal image
Source : Guardian [Read Article] Monday 26th of December 2016 03:16:29 PM
. Sir Philip Green wants the Pensions Regulator to force Dominic Chappell, the former owner of BHS, to put money into the failed retailer’s pension fund as part of any settlement to resolve the £571m deficit in the scheme. ...
Pensions Regulator needs stronger powers, MPs say image
Source : BBC [Read Article] Wednesday 21st of December 2016 12:16:28 AM
....Specifically, it should intervene much earlier if a scheme is in trouble. "It is difficult to imagine the Pensions Regulator would still be having to negotiate with Sir Philip Green [former owner of BHS] if he had been facing a bill of £1bn, rather than £350m," said Frank Field, who chairs the committee. ...
Lloyds's MBNA deal: good for the bank, bad for competition | Nils Pratley image
Source : Guardian [Read Article] Wednesday 21st of December 2016 12:01:02 AM
.... One of these years, though, Lloyds’ dominance will come to be seen as a real problem. Make no mistake: Sir Philip Green remains responsible for the deficit in the BHS pension funds, which stood at £571m at the last count. ...
Sir Philip Green could face £1bn BHS fine under MPs' plan image
Source : Guardian [Read Article] Wednesday 21st of December 2016 12:00:02 AM
. Sir Philip Green may have to pay £1bn to resolve the problems facing the BHS pension scheme under proposals tabled by MPs. ...
Pensions Regulator fires BHS warning shot with £255m Coats Group deal image
Source : Guardian [Read Article] Friday 16th of December 2016 05:47:42 PM
. The Pensions Regulator (TPR) has fired a warning shot at Sir Philip Green by agreeing its biggest ever settlement with a private company in a case with similarities to BHS. ...
Italian banks are living on borrowed time … and money image
Source : Guardian [Read Article] Tuesday 13th of December 2016 08:30:32 PM
....One of Robert Swannell’s contributions to Marks & Spencer is secure for all time. In 2004, as a supremely well-connected City investment banker, he led the advisory team that helped save M&S from Sir Philip Green’s attempted takeover. ...
BHS placed into liquidation after pressure from biggest creditor image
Source : Guardian [Read Article] Friday 2nd of December 2016 05:20:38 PM
.... BHS’s scheme had a deficit of as much as £571m at the time of the retailer’s collapse in April this year. “This is another milestone in the collapse of BHS that Sir Philip Green sailed away from,” said Field. ...
Tories' corporate reform proposals a far cry from May's radical pledge image
Source : Guardian [Read Article] Tuesday 29th of November 2016 06:38:40 PM
....Prospects look brighter for pay ratios in the sense that the “pro” arguments received more space than the “cons”. And large private companies will be brought into parts of the governance fold, a reform that looks entirely sensible given what we’ve learned about BHS and Sir Philip Green’s Arcadia in recent months. ...
Petition urges Philip Green to tackle BHS pension deficit image
Source : Guardian [Read Article] Tuesday 29th of November 2016 06:00:40 AM
. Former BHS workers and trade union representatives are to descend on the headquarters of Sir Philip Green’s retail business in an attempt to force him to fill the £571m deficit in the collapsed department store chain’s pension scheme. ...
Big football clubs take on Facebook with new social media network image
Source : Guardian [Read Article] Monday 28th of November 2016 12:01:14 AM
....The company would not reveal the shareholder structure, but senior executives of seven clubs – PSG, Bayern Munich, Liverpool, Manchester City, Arsenal, Juventus and Chelsea – are listed as directors, according to filings at Companies House. Sir Philip Green’s family is also a minority shareholder, a spokesman for the company confirmed. ...
OK, no workers in the boardroom: but May must be strong on executive pay image
Source : Guardian [Read Article] Sunday 27th of November 2016 07:00:53 AM
.... Higher-rate relief is an illogical privilege the country can no longer afford. A year ago, Sir Philip Green warned of fierce high street competition as he reported a fall in underlying sales at his Arcadia retail empire. ...
Staff at Topshop online depot announce Cyber Monday strike image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 12:42:50 PM
. Workers at a Topshop online distribution depot have announced plans to strike on Cyber Monday, one of the busiest trading days of the year, in a fresh blow to Sir Philip Green. ...
Sir Philip Green's yacht and other assets could be seized, says regulator image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 12:35:19 PM
. Sir Philip Green’s assets, including his £100m superyacht, could be seized by the courts if he refuses to comply with a legal demand to cover the £571m deficit in the BHS pension scheme, the chief executive of the Pensions Regulator (TPR) has said. ...
MP asks if Sir Philip Green’s yacht could be seized in BHS row image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 08:03:23 AM
. MPs have raised the prospect that Sir Philip Green’s multimillion-pound superyacht and other assets could be seized to help plug the hole in the BHS pension fund. ...
BHS pension: Frank Field asks if Philip Green's assets can be seized image
Source : BBC [Read Article] Tuesday 22nd of November 2016 10:13:23 PM
. The chairman of a committee probing the collapse of BHS has asked the Pensions Regulator whether assets can be seized from former owner Sir Philip Green. ...

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