{"id":161208,"date":"2019-04-05T20:50:29","date_gmt":"2019-04-05T20:50:29","guid":{"rendered":"https:\/\/www.theindustry.fashion\/sir-philip-green-risks-new-pensions-row-over-topshop-funding-cut\/"},"modified":"2021-08-12T13:55:47","modified_gmt":"2021-08-12T13:55:47","slug":"sir-philip-green-risks-new-pensions-row-over-topshop-funding-cut","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/sir-philip-green-risks-new-pensions-row-over-topshop-funding-cut\/","title":{"rendered":"Sir Philip Green risks new pensions row over Topshop funding cut"},"content":{"rendered":"
Sir Philip Green's high street empire wants to halve the annual funding it provides to its retirement scheme in a move that risks plunging the billionaire former BHS owner into a fresh pensions row.<\/p>\n
Sky News<\/em> can exclusively reveal that Arcadia Group and its advisers have proposed that it reduces its yearly \u00a350m contributions to approximately \u00a325m as part of a financial restructuring that will entail the closure of dozens of stores.<\/p>\n