Topshop's Philip Green plans to halve Arcadia pension payments

Billionaire in talks about cutting payments by £25m as part of turnaround planSir Philip Green is seeking to halve payments into his Topshop fashion empire’s pension fund as part of a financial restructuring plan the billionaire says is needed to save the business from collapse.The former BHS owner is in talks with the pension regulator and the trustees of his Arcadia group’s pension fund about cutting annual payments into the scheme from £50m to £25m. The pension d