Monarch: MP urges change in law to protect pension schemes

Frank Field reacts to report that airline owner Greybull Capital could collect ‘bumper profit’ while workers lose outThe chair of parliament’s work and pensions committee has called for a change in the law following reports that the owners of collapsed airline Monarch may end up with a profit while the company’s pensioners lose out.
The Labour MP Frank Field expressed concern over claims that private equity group Greybull Capital could avoid losing money while the carrier