27-08-2016 16:48 via uk.news.yahoo.com

Sir Philip Green Makes Conditional Offer To Plug BHS Pension Hole

Sir Philip Green is seeking assurances that regulators will abandon a probe into‎ BHS's vast pension deficit if he makes a "voluntary" financial contribution to the retirement pots of thousands of the collapsed chain's former employees. Opinions differ about whether the watchdog would be willing or able to offer such a guarantee to Sir Philip, with sources close to it suggesting that every case "would be evaluated on its merits". The regulator can also‎ seek information from or pursue an
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