Tuesday, November 20, 2018

Green only paid £10m a year for BHS pension deficit

Sir Philip Green refused to contribute more than £10m a year to BHS‘s pension scheme despite its clearly growing deficit. Margaret Downes, the former...

Administrators will only approve offer for entire BHS chain

The number of bidders for BHS, which fell into administration last month, is understood to have been whittled down to around four as administrators...

Potential BHS buyers told to increase bids

Parties interested in BHS have been told by administrators to increase their offers. Duff & Phelps, which was brought in as BHS‘s administrator four...

BHS sale would award Green £35m

As shop staff and sympathetic onlookers hope a strong buyer will emerge for BHS, Sir Philip Green could continue to make money from the...

Macy’s hurt by falling consumer confidence

Macy‘s had recorded a significantly larger than expected fall in its quarterly revenue and cuts in its full-year predictions. The drop comes as a...

Harrods Boss extends tenure till 2017

Harrods Managing Director Michael Ward has extended his tenure and will continue to lead the business until the beginning of next year. Ward was...

PPF up against £275m over BHS pension liability

The Pension Protection Fund (PPF) is up against approximately £275m liability charges from the BHS's £571m pension black hole, MPs have heard.According to Sky News, Alan...

Sir Philip Green will face MPs

Former BHS owner Sir Philip Green has agreed to appear before MPs to answer questions about his running of the former high street giant....

Can Mike Ashley rescue BHS?

Mike Ashley has claimed that he is working on a bid for the BHS estate.The owner and founder of Sports Direct has said that...

What happened to you BHS?

However you feel about Sir Philip Green‘s handling of BHS before its sale to Retail Acquisitions for £1 in March 2015 or the inexperience...

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