Arcadia paid £2m to favoured BHS staff

Arcadia paid £2m to favoured BHS staff
 

Sir Philip Green's Arcadia made special payments to favoured BHS staff, a BBC investigation has discovered.
Panorama found that around 200 staff at BHS headquarters received more than £2m in total as the business went into liquidation.
Sir Philip's spokesman said payments were made to help retain staff as they looked for a buyer.
But the programme found that staff only received the payments after no buyer had been found.
'Philip bonus' It was announced on 2 June this year that no buyer had been found for BHS and staff were told 11,000 jobs would go.
Panorama has discovered that on the same... read more

 
10 October 2016 in Regional, Views: 52
Source: BBC
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