Philip Green agrees £25m Arcadia pensions deal with TPR and PPF
Sir Philip Green has agreed with The Pensions Regulator (TPR) to plunge an additional £25m into Arcadia's pension funds, paving the way for a restructure of his empire.
This brings the total security value to the £210m required to secure the backing of the Pension Protection Fund (PPF), which is the company's largest creditor and will now vote in favour of Arcadia's company...
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