....The billionaire boss of Arcadia, notorious for his superyachts and lavish parties, made a voluntary personal cash payment of £343m towards improved benefits to the pension scheme members, and made available an additional £20m towards implementation costs. It came after the Topshop
owner was grilled by MPs over the sale of the chain, which he owned for 15 years before offloading it for £1 to the former bankrupt Dominic Chappell in 2015. ...
[Read full article on Guardian
Sunday 23rd of April 2017 03:54:50 PM