02-12-2016 19:48 via theguardian.com

BHS placed into liquidation after pressure from biggest creditor

Move to shut down defunct retailer seen as best way to help fund pension scheme as new lawyers check validity of Philip Green loanBHS has been placed into liquidation following pressure from the Pension Protection Fund, which argued that closing down the business would produce the best outcome for the failed retailer’s pensioners.Continue reading...
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