Sir Philip Green offers Topshop store to pension fund

Philip Green, who hopes to announce a financial rescue plan for his firm. Photograph: Isabel Infantes/PA Sir Philip Green. to hand over the freehold of Topshop’s flagship store, which is worth.

The pensions regulator has doubts about Sir Philip Green's proposed. Topshop tycoon Sir Philip Green plans to close 23 stores, putting 520 jobs. doubts that the deal will "adequately protect" the pensions of employees.

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Arcadia Group’s proposed CVA has cleared a major hurdle as Sir Philip Green gained the support of pension regulators after agreeing an additional 25 million for its pension fund. The Topshop.

Sir Philip Green should use his own money to support the pension fund of his troubled Arcadia retail empire, MP Frank Field has urged. The chairman of the Work and Pensions Committee intervened following Sir Philip’s plans to restructure Burton, Dorothy Perkins and Topshop and cut contributions to the pension scheme.

Philip Green wearing a suit and tie: Sir Philip Green and Arcadia have already promised. a deal with regulators to plug a hole in Arcadia Group's pension fund, Arcadia's plan to cut rents and close stores via an insolvency.

Sir Philip Green has offered to give his flagship Topshop store on London’s Oxford Street as security to the group’s troubled pension funds REGISTER FOR FREE TO GAIN ACCESS To continue reading this article and gain UNLIMITED access to ‘The Insight’ sign up below.

Philip Green has been urged to pump more money into Arcadia and its pension fund. Photograph: AFP Contributor/AFP/Getty Images Sir Philip. including Topshop, Miss Selfridge and Wallis, said it.

Philip Green Pledges More Cash to Arcadia's Pension Scheme. backing for the restructuring of Green's Top Shop empire, Sky News said.

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Sir Philip Green should use his own money to support the pension fund of his troubled Arcadia retail empire, MP Frank Field has urged.

Sir Philip Green has offered to stump up extra cash in a last-minute attempt to sweeten a deal proposed to his retail empire’s creditors.On Friday, the Topshop tycoon offered to pay rents reduced by between 25 and 50 per cent, compared to 30 per cent and 70 per cent previously.Landlords including