Lady Tina Green, the ultimate owner of the Arcadia fashion group, has announced she is accelerating a planned £50million contribution to its pension fund after the firm collapsed into administration. Last year she committed to paying £100million into the fund in three instalments as part of a restructuring plan for the group that was agreed by creditors. … Read more
‘Our health emergency is not yet over,’ the Chancellor of the Exchequer said yesterday. ‘And our economic emergency has only just begun.’ Facing the steepest downturn since the Great Frost of 1709 – a slump in output of 11.3 per cent – Rishi Sunak said he was ready to spend, spend, spend to drag the … Read more
London‘s West End faces losing £10billion a year and 50,000 jobs because visitors are staying away from the city hotspot. Strict quarantine rules combined with the fears of infection in the UK have seen overseas travellers drop out from coming to the capital. And office staff refusing to go back to work have also seen … Read more
Post office bosses ‘knew IT glitch could be to blame for missing money… but still took postmasters to court’ Post Office chiefs were told that IT system Horizon could be to blame in 2011 Documents have revealed that they pursued prosecutions against staff anyway Hundreds of postmasters were sacked, wrongfully convicted or went bankrupt New evidence … Read more