Philip Green’s retail rescue plan at risk over pension scheme

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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.

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Philip Green wins key vote for rescue plan ahead of meeting;. the Pension protection fund (ppf), had said it would vote for the scheme after Lady Cristina Green, Sir Philip’s wife and Arcadia’s.

Sir Philip Green’s Arcadia retail empire has scraped through plans. included a reduction in the company’s contributions to its pension fund, alongside a fresh injection of cash into the scheme..

Sir Philip Green’s rescue restructure of his Topshop-to-Burton retail empire is under threat from a US property group’s legal challenge. New York-based Vornado has filed papers at the high court challenging two of the seven restructuring deals approved by Arcadia’s creditors last month.

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Fresh doubts over whether Sir Philip Green’s fashion group can win a crunch restructuring vote today have emerged, as one of Britain’s largest retail landlords looks set to vote against the.

After months of gridlock, Senate reaches deal on disaster relief Lawmakers involved in the negotiations to prevent a second government shutdown say they are aiming to reach an agreement on Monday night. Sens. Patrick Leahy Patrick Joseph Leahy Disaster relief..

 · BHS joins some of the high street’s most storied names in collapsing with huge pension burdens that still need to be addressed. The retailer has made no secret of its groaning pension scheme.

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Sir Philip Green’s wife has agreed to plough almost £250 million into her husband’s troubled retail empire to save. the firm itself has agreed to hand over £210 of assets to provide backing for its.