Arcadia pension schemes offered additional £185m of security

Holly Roach
clock • 2 min read

Arcadia's two defined benefit (DB) pension schemes have been offered an extra £185m of security over property by Sir Philip Green in the event that it is needed in the future.

The large sum is made up of property assets including security over Arcadia's flagship Oxford Street store, according to confidential documents sent to creditors ahead of the vote on the company vo...

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