Sir Philip Green In Bhs Pension Fund Bailout

It has been a very controversial subject but today Sir Philip Green confirmed that he will pay £363 million to settle the BHS pension scandal. Those who follow the financial markets will be well aware that Sir Philip Green sold his BHS stores group for 1 pound back in 2015 to a former bankrupt only to see the business fail last year. The collapse of the UK retail chain left a massive gap in the BHS employee pension scheme with many politicians hounding Sir Philip Green to cover the shortfall.

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