Sir Philip Green is demanding that the new owner of BHS, Dominic Chappell, be forced to help contribute towards the £571m deficit in the retailer’s failed pension scheme.
The embattled retailer was put into administration in April, and since then a parliamentary investigation into the events surrounding BHS’s demise, including the pension blackhole has been underway. However, the retail tycoon has so far failed to make a ‘comprehensive and credible’ offer to rescue the scheme and was last month warned by the Pensions Regulator that he could be forced to pay the full amount if a settlement Read full story ›
Source: The Drum
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