Sir Philip Green risks new pensions row over Topshop funding cut

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.

Sky News can exclusively reveal that Arcadia Group and its advisers have proposed that it reduces its yearly £50m contributions to approximately £25m as part of a financial restructuring that will entail the closure of dozens of stores.

Read the full article on Sky News.