Coronavirus: Green’s Arcadia empire to halt pension payments

Sir Philip Green Arcadia
Sir Philip Green

Sir Philip Green’s Topshop empire, Arcadia, is to halt payments to its pension scheme for months as retailers and other stricken companies conserve cash during the coronavirus pandemic.

Sky News has learnt that Arcadia Group, the parent company of high street brands including Burton, Dorothy Perkins and TopShop, is to defer a series of deficit recovery contributions agreed with pension watchdogs last year.

Read the full story on Sky News.