Shamed retail baron pays $450 million to protect pensions
The billionaire former owner of collapsed retail chain BHS has agreed to pay £363 million ($451 million) to safeguard the pensions of his former employees. The payment by Topshop magnate Philip Green will benefit 19,000 former employees of the department store, which stumbled into bankruptcy in April. The collapse of BHS led to 11,000 lost […]