Former BHS owner ordered to pay £9.5m to pension schemes

Dominic Chappell told court he was facing bankruptcy and unable to pay fine or shortfallThe disgraced entrepreneur Dominic Chappell has been ordered to pay £9.5m into BHS pension schemes after his appeal failed.Chappell, a former bankrupt with no retail experience, bought the chain from billionaire Sir Philip Green for £1 in 2015. But it crashed 13 months later, leaving a pensions hole of up to £571m. Continue reading...