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Scandal-hit UK tycoon pays £363m to settle BHS deficit

3 weeks agoNews : The Newsroom

British billionaire Philip Green paid £363 million ($452.5 million, 426 million euros) towards settling a deficit in the pension scheme of collapsed retailer BHS on Tuesday following a high-profile dispute. After 15 year at its helm, Green sold BHS for £1 in 2015 to Dominic Chappell, a former bankrupt businessman with no retail experience. Show More Summary

UK billionaire settles on pensions in retailer's collapse

British billionaire Philip Green has paid some 363 million pounds ($451 million) to settle pension claims with collapsed retailer BHS. The out-of-court settlement comes after the department store went out … Click to Continue »

Sir Philip Green is paying £363 million to rescue the BHS pensions scheme

LONDON – Sir Philip Green is paying £363 million to rescue the BHS pension scheme. He called it "a voluntary contribution" after "lengthy, complex discussions with the Pensions Regulator and the PPF [Pension Protection Fund], both of...Show More Summary

Meet Britain’s Most Hated Billionaire

2 months agoNews : The Daily Beast

Sir Philip Green, the owner of Topshop once revered as a retail genius, has become the most hated billionaire in Britain for his cavalier treatment of the beloved, and now defunct, BHS chain stores. Hes got away with it so farbut insulting an NHS choir may be the final straw.

A Makeup Artist Makes The Case For Not Wearing Makeup

By Kathleen Hou If you once paid $100 for a bottle of green Chanel polish on eBay, blame makeup artist Peter Philips. The former creative director of Chanel Makeup and current creative and image director for Dior Beauty is the man responsible for some of the most iconic, covetable beauty trends and images of the past few decades. Show More Summary

Heckler & Koch G36C in Mali

This picture was posted a few days ago, on the public news page for the Swedish Armed Forces. Sweden’s Prince Carl Philip (man in green beret) visited the Swedish UN Force in Mali, called Camp Nobel. The force is about 250 people strong, and under UN’s command. Show More Summary

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