Retail Acquisitions maintains BHS pensions were not its problem

Michael Klimes
clock • 2 min read

The company which bought British Homes Stores (BHS) for £1 from Sir Philip Green maintains the pension schemes were not its responsibility.

In its response to the report by MPs into the collapse of the flagship retailer, Retail Acquisitions Limited (RAL) said its bid to buy the company was based on the assumption it was debt free. R...

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