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Arcadia reportedly in talks to close one billion pound pension fund

New reports have stated that Arcadia Group’s pension trustees are close to securing a deal to ensure its retirement scheme payments are pushed through two years after the company collapsed. According to Sky News, pension trustees of the former Topshop owner are in detailed discussions with insurance company Pension Insurance Corporation (PIC)...

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RetailFeatured

The end of Topshop and Arcadia would be the biggest UK collapse of the pandemic

Once the king of the high street, Topshop parent company Arcadia would be the biggest corporate collapse during the time of the pandemic if it goes into administration. With its 500 store portfolio its closure would create giant craters in the high street leaving unfillable gaps. Questions about what will happen to Arcadia’s 350 million pound...

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