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- Arcadia pays out a £1.3 billion dividend, £1.2 billion of which goes to Sir Philip’s wife Tina, who lives in Monaco so does not have to pay UK tax.
www.business-live.co.uk/retail-consumer/everything-you-need-know-sir-19370351Everything you need to know about Sir Philip Green, the man ...
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The £1.3bn payout includes a £460m dividend Mr Green announced last year but did not pay. A spokesman said the loan was easily affordable, with the interest covered "seven or eight times". The...
Nov 30, 2020 · The break-up of Sears, which he took over in 1999, resulted in a profit of almost £300m, while the refinancing of Arcadia in 2005 resulted in a £1.2bn tax-free dividend to the Green family.
- Jonathan Eley
Jan 24, 2023 · The last public figure for Arcadia's pension liabilities was thought to be around £1 billion, although the current figure is unclear. Insurance company Aviva is reportedly on the brink of an agreement to guarantee retirement payouts to thousands of former Arcadia...
Nov 30, 2020 · Arcadia pays out a £1.3 billion dividend, £1.2 billion of which goes to Sir Philip’s wife Tina, who lives in Monaco so does not have to pay UK tax. 2010 Protesters gather outside Topshop in Oxford Street, alleging the businessman is avoiding income tax.
Apr 16, 2021 · The retail fashion tycoon is under pressure over the Arcadia Group’s $700 million pension deficit, but cash raised from selling assets this year will produce only part of the money needed.
Dec 2, 2020 · Getty Images. The Pension Protection Fund (PPF) will go through the books and consider whether the Arcadia pension schemes could survive or be bought by a third party, if it thought that would...
Nov 27, 2020 · Aggressive cost-cutting rapidly improved Arcadia’s profitability, allowing it to pay a £1.2bn tax-free dividend to the Green family.
