For the past number of weeks, Philip Green, the controversial British retail tycoon, has been attempting to complete yet another restructure of his Arcadia group following the impact of Covid-19 on consumer spending. Having recently confirmed plans to scrap 500 jobs from its head office following what it described as “an unprecedented global crisis”, Arcadia recently put forward a cost-cutting plan to the Pensions Regulator in the UK in relation to its heavily indebted pension scheme. Its issues are not just related to the UK, however. Now a company linked to the Jervis Street Shopping Centre in Dublin has issued…
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