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trouble at topshop.ive times. later on — he's taught us how to get lean in 15, now he's going to tell us how to wean in 15. the body coachjoe wicks will be talking to us about being a dad, staying fit and taking part in soccer aid 2019. and i will have all of the weather for you in 15. it has been a soggy week so far, two months worth of rainfall in some parts of the uk and more to come. join me for all the details here on breakfast. good morning. it's wednesday 12th june. thank you forjoining us this morning. greenhouse gas emissions in the uk are to be cut to almost zero by 2050, under a new government plan to tackle climate change. britain is the first g7 nation to propose this target — and it has been widely praised by green groups — but critics say it's too little too late. here's our environment analyst, roger harrabin. electric and hydrogen vehicles, the end to natural gas in the home, much cleaner industries — they will all have to happen as the uk pledges to produce almost zero greenhouse gas em
trouble at topshop.ive times. later on — he's taught us how to get lean in 15, now he's going to tell us how to wean in 15. the body coachjoe wicks will be talking to us about being a dad, staying fit and taking part in soccer aid 2019. and i will have all of the weather for you in 15. it has been a soggy week so far, two months worth of rainfall in some parts of the uk and more to come. join me for all the details here on breakfast. good morning. it's wednesday 12th june. thank you...
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topshop, top man.ficulties and he's about to close 50 stores as part of rescue deal. it would mean cutting late bills and dealing with the pension regulator. 11 stores are closed in the us. he has a pension deficit of $950 million. he has agreed that he would try to pay off around half but the pension regulator once more, unsurprisingly. we will hear more on that front. stay with us on bbc news, still to come: is the writing on the wall in is —— icelandic wall being wrecked by tourists. the queen and her husband began their royal progress to westminster. the momemt of crowning in accordance with the order of service, by a signal given, the great guns of the tower shall be shot off. tributes have been paid around the world to muhammad ali, who has died at the age of 7a. 0utspoken but rarely outfought, he transcended the sport of boxing, of which he was three times a world champion. he was a fighter and he fought all the way to the end, even through his illness. uefa imposes an indefinite ban on english
topshop, top man.ficulties and he's about to close 50 stores as part of rescue deal. it would mean cutting late bills and dealing with the pension regulator. 11 stores are closed in the us. he has a pension deficit of $950 million. he has agreed that he would try to pay off around half but the pension regulator once more, unsurprisingly. we will hear more on that front. stay with us on bbc news, still to come: is the writing on the wall in is —— icelandic wall being wrecked by tourists. the...
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topshop has been falling out of fashion.if you have is they haven't invested enough to make stores swanky and the boss has had a lot of negative positive was not a lot of negative positive was not a lot of negative positive was not a lot of that means that this store is one of 50 he is hoping to train close. that is why he is hoping to convince his landlords to sign a deal agreeing to close some stores and payless rent for others in order to save the rest. the trouble is his biggest lamott isn't keen on the idea was arcadia bosses have spent the last week making last—ditch attem pts the last week making last—ditch atte m pts to the last week making last—ditch attempts to train commence flannels to support the plan. —— events landlords was up if it is not approved by 75% of investors, this could go into administration was to thatis could go into administration was to that is nerve racking for staff. the employers are having the gracia haitians with landlords. there is a big issue here as well, pressing lots of high street dis
topshop has been falling out of fashion.if you have is they haven't invested enough to make stores swanky and the boss has had a lot of negative positive was not a lot of negative positive was not a lot of negative positive was not a lot of that means that this store is one of 50 he is hoping to train close. that is why he is hoping to convince his landlords to sign a deal agreeing to close some stores and payless rent for others in order to save the rest. the trouble is his biggest lamott...
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but topshop has been falling out of fashion. they've faced big competition from online retailers.s swanky and the boss, sir philip green, has had a lot of negative publicity. all of that means that this store is one of nearly 50 he is hoping to try and close. that's why he is hoping to convince his landlords to sign a deal agreeing to close some stores and pay less rent for others in order to save the rest. the trouble is his biggest landlord isn't keen on the idea. arcadia bosses have spent the last week making last—ditch attempts to try and convince landlords like intu to support the plan. and they say, if it is not approved by 75% of investors, then the whole business could go into administration. that's nerve—racking for staff. they're sat there on the sidelines while their employer is having a negotiation with landlords over the future of their jobs. there is a bigger issue here as well, cos we're seeing lots on the high street disappearing and that impacts on locals community and high streets like this. it's full of doom and gloom at the moment. the only shops you see now ar
but topshop has been falling out of fashion. they've faced big competition from online retailers.s swanky and the boss, sir philip green, has had a lot of negative publicity. all of that means that this store is one of nearly 50 he is hoping to try and close. that's why he is hoping to convince his landlords to sign a deal agreeing to close some stores and pay less rent for others in order to save the rest. the trouble is his biggest landlord isn't keen on the idea. arcadia bosses have spent...
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sir philip's arcadia group owns chains including topshop.ately". in a few minutes it'll be time for newswatch.
sir philip's arcadia group owns chains including topshop.ately". in a few minutes it'll be time for newswatch.
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sir philip's arcadia group owns chains including topshop.ouched a woman "inappropriately". frank bowling studied painting alongside david hockney
sir philip's arcadia group owns chains including topshop.ouched a woman "inappropriately". frank bowling studied painting alongside david hockney
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sir philip's arcadia group owns chains including topshop.late to allegations he touched a woman "inappropriately". frank bowling studied painting alongside david hockney, 60 years ago, but he never reached the same level of prominence
sir philip's arcadia group owns chains including topshop.late to allegations he touched a woman "inappropriately". frank bowling studied painting alongside david hockney, 60 years ago, but he never reached the same level of prominence
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topshop, remember ten yea rs slipping.that brand has really slipped. that is the question that analysts and customers are the question that analysts and customers a re really the question that analysts and customers are really talking about tonight. do they have a future? we will put that now to an expert. we will put that now to an expert. we will talk to the former house of fraser executive who now runs a different consultancy. she joins us now from oxford. is there a future for a now from oxford. is there a future fora group like now from oxford. is there a future for a group like arcadia? that is the $600,000 question. there are a number of brands. i think it is likely they will consider shutting some of those brands. there needs to be significant investment in order to try and bring those brands up—to—date. there are a number of outlets such as dorothy perkins and top shop within arcadia and they have suffered from a lack of investment meaning they have been overta ken investment meaning they have been ove rta ke n by
topshop, remember ten yea rs slipping.that brand has really slipped. that is the question that analysts and customers are the question that analysts and customers a re really the question that analysts and customers are really talking about tonight. do they have a future? we will put that now to an expert. we will put that now to an expert. we will talk to the former house of fraser executive who now runs a different consultancy. she joins us now from oxford. is there a future for a now from...
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but topshop has been falling out of fashion. they've faced a big competition from online retailers.d the boss, sir philip green, has had a lot of negative publicity. all of that means that this store is one of nearly 50 he is hoping to try and close. that's why he is hoping to convince his landlords to sign a deal agreeing to close some stores and pay less rent for others in order to save the rest. the trouble is, his biggest landlord isn't keen on the idea. arcadia bosses have spent the last week making a last—ditch attempt to try and convince landlords like intu to support the plan, and they say that if it's not approved by 75% of investors, then the whole business could go into administration. that is nerve—racking for staff. they're sat there on the sidelines while their employer is having a negotiation with the landlords over the future of their job. but there is a big issue here as well because we are seeing lots on the high street disappearing and that impacts on local communities and high streets like this. it's full of doom and gloom at the moment. the only shops you see no
but topshop has been falling out of fashion. they've faced a big competition from online retailers.d the boss, sir philip green, has had a lot of negative publicity. all of that means that this store is one of nearly 50 he is hoping to try and close. that's why he is hoping to convince his landlords to sign a deal agreeing to close some stores and pay less rent for others in order to save the rest. the trouble is, his biggest landlord isn't keen on the idea. arcadia bosses have spent the last...
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sir philip's arcadia group owns chains including topshop. to allegations of inappropriate touching.
sir philip's arcadia group owns chains including topshop. to allegations of inappropriate touching.
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Jun 4, 2019
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sir philip green‘s retail empire, which includes the crownjewels topshop, now, there was a very real crucial restructuring of the pension regulator and the pension protection fund, and what we found out in the last hour and a half is that they have agreed to accept a £25 million extra payment into the pension fund by sir philip green, which has secured their support. now, they could have killed this restructuring stone dead. now, does that mean the future is secure for the arcadia empire? not necessarily. the future of this empire now relies on the landlords, who are being asked to accept landlords, who are being asked to a cce pt very landlords, who are being asked to accept very significant cuts in the rents they get. so not only that, but also sometimes cvas are just a halfway house, a steppingstone, to ultimate administration. but for tonight, a crumb of comfort for the 18,000 employees of the arcadia empire that the pension protection fund, the pension regulators, have given their backing to restructuring. the voters tomorrow. —— the vote is tomorrow. tens of thousands of people
sir philip green‘s retail empire, which includes the crownjewels topshop, now, there was a very real crucial restructuring of the pension regulator and the pension protection fund, and what we found out in the last hour and a half is that they have agreed to accept a £25 million extra payment into the pension fund by sir philip green, which has secured their support. now, they could have killed this restructuring stone dead. now, does that mean the future is secure for the arcadia empire?...
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sir philip's arcadia group owns chains including topshop.harges which each carry sentences of up to 30 days inprisonment relate to allegations he touched a woman "inappropriately". in a few minutes it'll be time for newswatch. but first, here's click. the sun is finally out in the uk and festival season is upon us. and to celebrate the good weather we find ourselves at the world —famous hay literary festival. nestled at the border of england and wales, hay—on—wye has been home to the event for over 30 years. i love the hay festival. you can come here and fill your brains with all sorts of new knowledge on all sorts of subjects delivered by all kinds of brilliant speakers. and when you have done that, you can come see us doing our live show too. yes, once more click live hit the hay. we spoke about robots, explained in detail about how our brains develop and we built an artificial intelligence using matchboxes. please welcome maisy mcadam and willow. applause. but possibly the most magical moment of all of our click live shows starred maisy a
sir philip's arcadia group owns chains including topshop.harges which each carry sentences of up to 30 days inprisonment relate to allegations he touched a woman "inappropriately". in a few minutes it'll be time for newswatch. but first, here's click. the sun is finally out in the uk and festival season is upon us. and to celebrate the good weather we find ourselves at the world —famous hay literary festival. nestled at the border of england and wales, hay—on—wye has been home...
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sir philip's arcadia group owns chains including topshop.harges which each carry sentences of up to 30 days inprisonment relate to allegations he touched a woman "inappropriately". frank bowling studied painting alongside david hockney 60 years ago — but he never reached the same level of prominence and acclaim, despite being regarded as highly influential in his own right. he was born in guyana in south america, but moved to britain as a teenager. now at the age of 85, his first major exhibition has opened at tate britain in london. our arts editor will gompertz has taken a look. these are frank bowling's early paintings, made when he was clearly influenced by francis bacon's expressionism and swinging 60s pop culture. he was part of the scene, a young london—based artist who had trained alongside david hockney. both were highly rated, both left for america. hockney went to la and became a star. bowling went to new york and became a teacher. spray adhesive on the stencil... and directly on the canvas. he continued to paint, of course, but t
sir philip's arcadia group owns chains including topshop.harges which each carry sentences of up to 30 days inprisonment relate to allegations he touched a woman "inappropriately". frank bowling studied painting alongside david hockney 60 years ago — but he never reached the same level of prominence and acclaim, despite being regarded as highly influential in his own right. he was born in guyana in south america, but moved to britain as a teenager. now at the age of 85, his first...
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sir philip's arcadia group owns chains including topshop.he charges which each carry sentences of up to 30 days inprisonment relate to allegations he touched a woman "inappropriately". now on bbc news, the tragic death of emiliano sala in a plane crash, touched thousands of people across the world. bbc wales investigates examines the circumstances of the crash. an air and sea search has been launched for a missing light aircraft which is thought to have been travelling to cardiff... cardiff are seeking clarification and are genuinely concerned... the premier league footballer emiliano sala was on a light aircraft... the club are very distressed about the new signing emiliano sala... missing since the flight he was on disappeared last night... the first thing was to gather all the prayers, to find him, to find him alive. one monday night injanuary, emiliano sala was being flown from france having just been unveiled as cardiff city's new striker. the football club had agreed to buy him in the hope that he could rescue their season. city were l
sir philip's arcadia group owns chains including topshop.he charges which each carry sentences of up to 30 days inprisonment relate to allegations he touched a woman "inappropriately". now on bbc news, the tragic death of emiliano sala in a plane crash, touched thousands of people across the world. bbc wales investigates examines the circumstances of the crash. an air and sea search has been launched for a missing light aircraft which is thought to have been travelling to cardiff......
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the rescue plan for the arcadia group which includes brands like topshop and burtons was approved int will involve closing 48 stores with the loss of 1000 jobs and cutting the loss of 1000 jobs and cutting the rent on around 200 premises. sir philip green told the bbc he had been slow to react to a change in high street and now it was time to look to the future. many more landlords voted yes and no. one landlord wants to make a lot of noise, that's his choice, not my choice. as far as i'm concerned, this is a celebration of our workforce and supply chain, and, yes, the market is changing, now we've got to get to work, and grasp it. plans to add folic acid to flour in a bid to cut birth defects such as spina bifida have come a step closer as the government launches a 12 week consultation. folic acid is a type of vitamin b, and is crucial during the first weeks of pregnancy. women are encouraged to take it as a supplement to cut the risk of their babies failing to develop properly. the time is 11:24am. thousands of critically endangered snails have been released into the wild after bei
the rescue plan for the arcadia group which includes brands like topshop and burtons was approved int will involve closing 48 stores with the loss of 1000 jobs and cutting the loss of 1000 jobs and cutting the rent on around 200 premises. sir philip green told the bbc he had been slow to react to a change in high street and now it was time to look to the future. many more landlords voted yes and no. one landlord wants to make a lot of noise, that's his choice, not my choice. as far as i'm...
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sir philip is the chairman of arcadia group, which owns a number of retail brands including topshop.f touching a woman inappropriately while staying at a resort in arizona. a spokesman for sir philip says he's "strenuously denied" the allegations. people protesting against lgbt lessons at a primary school in birmingham have been banned from gathering outside its gates by a high court injunction. birmingham city council made the application after more than two months of demonstrations at anderton park school. the education secretary, damian hinds, said it would allow parents to "continue peaceful discussions with staff". hm revenue and customs says it's found a way to stop fraudsters from tricking people into believing they're recieving a call from genuine tax officials. it's known as "number spoofing", and because the call display looks genuine, it's easier for scammers to persuade people to send them money, as our personal finance correspondent, simon gompertz, explains. fraudsters have been bombarding the public with calls, trying to deceive their victims into making payments, thin
sir philip is the chairman of arcadia group, which owns a number of retail brands including topshop.f touching a woman inappropriately while staying at a resort in arizona. a spokesman for sir philip says he's "strenuously denied" the allegations. people protesting against lgbt lessons at a primary school in birmingham have been banned from gathering outside its gates by a high court injunction. birmingham city council made the application after more than two months of demonstrations...
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sir philip is the chairman of arcadia group, which owns a number of retail brands including topshop.say he has been accused of touching a woman inappropriately while staying at a resort in arizona. a spokesman for sir philip says he's "strenuously denied" the allegations. sarah walton reports. he is one of the biggest names in retail, british billionaire whose company owned stores across the world. but now, sir philip green is being accused of repeatedly touching a woman inappropriately. it is claimed the incidents happen at a luxury resort in tucson in the us state of arizona in 2018. a business owner says he grabbed her and slapped her behind. he now faces four counts of misdemeanour assault, which carries a potential sentence of up to 30 days in prison. this is not the first controversy involving the tycoon. last year he took out an injunction banning the daily telegraph from reporting allegations of misconduct made against him by employees, allegations he denied. he later dropped the injunction. it is also a difficult time for his company, arcadia, which is due to close 50 stores
sir philip is the chairman of arcadia group, which owns a number of retail brands including topshop.say he has been accused of touching a woman inappropriately while staying at a resort in arizona. a spokesman for sir philip says he's "strenuously denied" the allegations. sarah walton reports. he is one of the biggest names in retail, british billionaire whose company owned stores across the world. but now, sir philip green is being accused of repeatedly touching a woman...
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the company, which owns brands like topshop and miss selfridge and employs around 18—thousand staff,up to date with this morning's main stories. sally is here with the sport. remember yesterday we were sitting talking aboutjohanna remember yesterday we were sitting talking about johanna konta's remember yesterday we were sitting talking aboutjohanna konta's new coach? it is really working. brilliant from johanna konta, who has made history at the french open. she's the first british woman in more than 35 years to reach the semi—finals at roland garros. she did it by playing near—perfect tennis, beating american sloane stephens in straight sets. in the men's semi finals rafael nadal and roger federer will play each other for the 39th time in their careers. nadal‘s after his 12th title in paris and beat kei nishikori in the quarters, while federer beat fellow swiss stan wawrinka. anthonyjoshua will have the chance to avenge his shock loss to andy ruinunior in november or december. he's triggered a rematch clause to try to win back the three heavyweight world titles he lost. and england
the company, which owns brands like topshop and miss selfridge and employs around 18—thousand staff,up to date with this morning's main stories. sally is here with the sport. remember yesterday we were sitting talking aboutjohanna remember yesterday we were sitting talking about johanna konta's remember yesterday we were sitting talking aboutjohanna konta's new coach? it is really working. brilliant from johanna konta, who has made history at the french open. she's the first british woman in...
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if you cast your mind back to a decade or 15 years ago arcadia and particularly topshop were at the top other players out there. you don't have to walk very far before you see the likes of primark, for example. all these new players have come in. h&m has got even bigger. zara is there. it is very ha rd even bigger. zara is there. it is very hard for chains to compete in bricks and mortar with all the online companies coming on as well. lots of criticisms as well about how philip green has managed his empire over recent years. that has accrued a huge amount of debt. so people are saying that the right kind of brains that we could see a different situation but sadly this is what we are now. we will probably speak to you next week. thank you. three in five mps say their constituents are suffering, because of cuts to the care system that supports older, or disabled people in england. a poll carried out for a coalition of health organisations, says services provided by local authorities are under enormous strain. 0ur social affairs correspondent alison holt reports. your transport is here to
if you cast your mind back to a decade or 15 years ago arcadia and particularly topshop were at the top other players out there. you don't have to walk very far before you see the likes of primark, for example. all these new players have come in. h&m has got even bigger. zara is there. it is very ha rd even bigger. zara is there. it is very hard for chains to compete in bricks and mortar with all the online companies coming on as well. lots of criticisms as well about how philip green has...
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sir philip is the chairman of arcadia group, which owns a number of retail brands including topshop. accused of touching a woman inappropriately while staying at a resort in arizona. a spokesman for sir philip says he's "strenuously denied" the allegations. people protesting against lgbt lessons at a primary school in birmingham have been banned from gathering outside its gates by a high court injunction. birmingham city council made the application after more than two months of demonstrations at anderton park school. the education secretary, damian hinds, said it would allow parents to "continue peaceful discussions with staff". geologists in iceland say that one of the country's most beautiful natural attractions has been left in ruins after years of uncontrolled tourism. the leidarendi cave near reykjavik has seen many of its stalactites and stalagmites destroyed, and much of the walls have been covered in graffiti. labour has suspended a member of its national executive committee, over remarks he reportedly made about the party's anti—semitism i’ow. peter willsman is accused of s
sir philip is the chairman of arcadia group, which owns a number of retail brands including topshop. accused of touching a woman inappropriately while staying at a resort in arizona. a spokesman for sir philip says he's "strenuously denied" the allegations. people protesting against lgbt lessons at a primary school in birmingham have been banned from gathering outside its gates by a high court injunction. birmingham city council made the application after more than two months of...
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sir philip's arcadia group owns chains including topshop.he charges which each carry sentences of up to 30 days inprisonment relate to allegations he touched a woman "inappropriately". frank bowling studied painting alongside david hockney, 60 years ago, but he never reached the same level of prominence and acclaim — despite being regarded as highly influential in his own right. he was born in guyana in south america, but moved to britain as a teenager. now, at the age of 85, his first major exhibition has opened at tate britain in london. our arts editor will gompertz has taken a look. these are frank bowling's early paintings, made when he was clearly influenced by francis bacon's expressionism and swinging 60s pop culture. he was part of the scene, a young london—based artist who had trained alongside david hockney. both were highly rated, both left for america. hockney went to la and became a star. bowling went to new york and became a teacher. spray adhesive on the stencil... and directly on the canvas. he continued to paint, of course,
sir philip's arcadia group owns chains including topshop.he charges which each carry sentences of up to 30 days inprisonment relate to allegations he touched a woman "inappropriately". frank bowling studied painting alongside david hockney, 60 years ago, but he never reached the same level of prominence and acclaim — despite being regarded as highly influential in his own right. he was born in guyana in south america, but moved to britain as a teenager. now, at the age of 85, his...
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but topshop has been falling out of fashion. they faced big competition from online retailers.to close some stores and pay less rent for others in order to save the rest. the trouble is his biggest landlord isn't keen on the idea. arcadia bosses have spent the last week making last—ditch attempts to try and convince landlords to support the plan. and they say, if it is not approved by 75% of investors, then the whole business could go into administration. that is nerve—racking for staff. they're sat there on the sidelines while their employer is having the negotiations with landlords over the future of their jobs. there is a bigger issue here as well, cause we're seeing lots on the high street disappearing and that impacts on locals community and high streets like this. it's full of doom and gloom at the moment. the only shops you see now are pound shops, betting shops food shops and charity shops. fewer and fewer shops, less and less choice for consumers. whatever happens today, a big chunk of arcadia stores will close, puncturing more holes in struggling high streets. collett
but topshop has been falling out of fashion. they faced big competition from online retailers.to close some stores and pay less rent for others in order to save the rest. the trouble is his biggest landlord isn't keen on the idea. arcadia bosses have spent the last week making last—ditch attempts to try and convince landlords to support the plan. and they say, if it is not approved by 75% of investors, then the whole business could go into administration. that is nerve—racking for staff....
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sir philip's arcadia group owns chains including topshop.es which each carry sentences of up to 30 days inprisonment relate to allegations of inappropriate touching. now on bbc news it's time for click. this week mud, mud, glorious mud. smart matchboxes and what happens when you get to see for the first time in years? the sun is finally out in the uk and festival season is upon us. and to celebrate the good weather we find ourselves at the world—famous hay festival. nestled in the border of ingle and wales this place has been home to the event for over 30 years. i love the hay festival. you can come here and fill your brains with all sorts of new knowledge on all sorts of subjects delivered by all kinds of brilliant speakers. and when you have done that, come see us doing our live show. yes, once more click live hit the hay. we spoke about robots, talked in detail about how our brains develop and we built an artificial intelligence using matchboxes. please well maisy mcadam and willow. but possibly the most magical moment starred maisy and h
sir philip's arcadia group owns chains including topshop.es which each carry sentences of up to 30 days inprisonment relate to allegations of inappropriate touching. now on bbc news it's time for click. this week mud, mud, glorious mud. smart matchboxes and what happens when you get to see for the first time in years? the sun is finally out in the uk and festival season is upon us. and to celebrate the good weather we find ourselves at the world—famous hay festival. nestled in the border of...
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the company, which owns topshop, burton and miss selfridge, plans to close dozens of stores and wants5 million into the group's pension fund. our business correspondent ever since and is at the meeting in central london. —— emma simpson. how likely is a deal to be approved?” think there is a real element of uncertainty in this, lots of retailers have done restructuring deals and they have passed, but this one is the most complex and contentious so far. last night sir philip green got the backing of the pension regulator, absolutely crucial. today it is down to the landlords and they will have to accept swingeing rent cuts. obviously not happy but in the end it comes down to individual commercial interests. some rent might be better than none. we will know the outcome later today. a lot riding on it. arcadia says if the deal does not go through, it is likely to face administration. thank you very much, emma simpson. women born in the 19505 have taken the government to the high court over the way their pension ages were increased to bring them into line with men. the state pension age f
the company, which owns topshop, burton and miss selfridge, plans to close dozens of stores and wants5 million into the group's pension fund. our business correspondent ever since and is at the meeting in central london. —— emma simpson. how likely is a deal to be approved?” think there is a real element of uncertainty in this, lots of retailers have done restructuring deals and they have passed, but this one is the most complex and contentious so far. last night sir philip green got the...
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arcadia owns a raft of big names from topshop and dorothy perkins to miss selfridge. 18,000 workers. simonjack is with me. so how much trouble is the company and, then? well, this afternoon, sophie, sir philip green's once mighty retail empire was on a knife edge, seeking approval from landlords to close some stores, asking them to accept a very steep discounts to the rents, and they did not get us through this last week, they tried it last week and didn't get permission. we know that one of the biggest landlords had vowed to vote against it, so it was really, asi vote against it, so it was really, as i say, a very tight vote, it went through in the end, so a lifeline extended. i put it to sue philip green when i spoke to him on the phone earlier this evening that it was a very tight thing, here is what he said. it didn't come close to collapse — we won the vote. it was a legitimate vote, and it was won. we got a win today, and many more landlords clearly voted yes than no, right? one landlord wants to make a lot of noise, that's his choice, that's not my choice. so f
arcadia owns a raft of big names from topshop and dorothy perkins to miss selfridge. 18,000 workers. simonjack is with me. so how much trouble is the company and, then? well, this afternoon, sophie, sir philip green's once mighty retail empire was on a knife edge, seeking approval from landlords to close some stores, asking them to accept a very steep discounts to the rents, and they did not get us through this last week, they tried it last week and didn't get permission. we know that one of...
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Jun 11, 2019
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sir philip wants to cut the rent that arcadia pays on its stores including topshop, burton, and dorothytomorrow, the retail giant could go into adminstration. intu and arcadia refused to comment. energy bills could go up by a few pounds a year to pay for a new nuclear power station at sizewell in suffolk. that is if a new financing plan being considered by ministers goes ahead after a consultation. backers of the plan say it would help bring the cost of nuclear power closer to current market rates — rather than the higher rate the government agreed to pay for power from another new plant at hinkley point in somerset. nearly 200 business leaders have signed an open letter arguing us moves to restrict abortion are "bad for business". the campaign comes as several us states have passed or are considering stricter new abortion laws. the letter published in the new york times said curbs on abortion threaten the health of staff and customers. the chief executives of slack, square, zoom, and bloomberg were among those who signed the letter. the ftse 100 extended gains as signs of more governme
sir philip wants to cut the rent that arcadia pays on its stores including topshop, burton, and dorothytomorrow, the retail giant could go into adminstration. intu and arcadia refused to comment. energy bills could go up by a few pounds a year to pay for a new nuclear power station at sizewell in suffolk. that is if a new financing plan being considered by ministers goes ahead after a consultation. backers of the plan say it would help bring the cost of nuclear power closer to current market...
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Jun 1, 2019
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sir philip is the chairman of arcadia group, which owns a number of retail brands including topshop.sly denied" the allegations. tens of thousands of football fans have descended on madrid in preparation for the champions league final tonight. among them is 11—year—old scottish soccer—player and amputee, keeley cerretti. keeley is the face of uefa‘s ‘equal game campaign‘ and has been invited as the special guest of uefa president aleksander ceferin. 0ur reporterjohn beattie went to meet her. hi, my name‘s keeley. i‘m an amputee footballer. i do football, skiing, running and rock climbing. what is it that you like about football? just the fun of it. kicking and just running around and having fun. this weekend is going to be exciting, isn‘t it? why is that? because i‘m going to madrid and i‘m going to watch the champions league final. it's not a smile that's the face of the campaign, it's the determination. the fact that they've just caught her in that moment where she'sjust hammered the ball, she has the look on her face — we call it her braveheart face. her scary braveheart face. she
sir philip is the chairman of arcadia group, which owns a number of retail brands including topshop.sly denied" the allegations. tens of thousands of football fans have descended on madrid in preparation for the champions league final tonight. among them is 11—year—old scottish soccer—player and amputee, keeley cerretti. keeley is the face of uefa‘s ‘equal game campaign‘ and has been invited as the special guest of uefa president aleksander ceferin. 0ur reporterjohn beattie...
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Jun 4, 2019
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topshop owner, sir philip green, has agreed to put an extra 25 million into arcadia's pension fund aheaduture of the retail giant. our business editor is in central london for us this evening. what more do we know on this? this tonight is a crucial lifeline for arcadia, sir philip green's retail empire which includes the crown jewels, top shop. there was a real possibility this entire empire would go into administration as soon as tomorrow. crucial to this was the support for this crucial restructuring for the pension regulator and the pension protection fund. what we found out in the last hour and fund. what we found out in the last hourand a fund. what we found out in the last hour and a half, fund. what we found out in the last hourand a half, is fund. what we found out in the last hour and a half, is they have agreed to a cce pt hour and a half, is they have agreed to accept a £25 million extra payment into the pension fund by sir philip green, which has secured their support. they could have killed this restructuring stone dead. does that mean the future is secure for the empire? no
topshop owner, sir philip green, has agreed to put an extra 25 million into arcadia's pension fund aheaduture of the retail giant. our business editor is in central london for us this evening. what more do we know on this? this tonight is a crucial lifeline for arcadia, sir philip green's retail empire which includes the crown jewels, top shop. there was a real possibility this entire empire would go into administration as soon as tomorrow. crucial to this was the support for this crucial...
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Jun 5, 2019
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the company, which owns brands like topshop and miss selfridge and employs around 18,000 staff, couldistration if the deal is rejected. you are up—to—date with all the main news stories. sally has the sport and it's all about jana news stories. sally has the sport and it's all aboutjana contour. very french theme to the sport this morning. —— johanna konta. johanna konta is on a roll at the french open. she's made history, as the first british women in more than 35 years to reach the semifinals. and she did it by playing near—perfect tennis, asjoe wilson reports. the courts of paris are clay, but they are like a motorway if you serve like this. jo konta just overpowered sloane stephens. 6—1 in the first set. that's big from konta. another break! whatever lies on the court's surface, it's what lurks in the player's mind that matters. konta here was certain. every point was gettable, every point winnable. stephens chased and missed. konta won 18 consecutive points on her own serve in the second set. her opponent, a former grand slam champion, was out of ideas. because konta, at her will
the company, which owns brands like topshop and miss selfridge and employs around 18,000 staff, couldistration if the deal is rejected. you are up—to—date with all the main news stories. sally has the sport and it's all about jana news stories. sally has the sport and it's all aboutjana contour. very french theme to the sport this morning. —— johanna konta. johanna konta is on a roll at the french open. she's made history, as the first british women in more than 35 years to reach the...
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Jun 3, 2019
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it's a crucial week for sir philip green's arcadia retail group, which includes topshop, burton, wallis. he wants to shut up to 50 stres and negotiate lower rents on others. —— stores. if landlords — who own the store buildings — and the pensions regulator do not back the plans, the high street giant could go into administration. kier shares have tumbled by a massive a0%, after warning that profits will not meet expectations this year. the construction and services group said underlying profit would be around £25 million below previous expectation. it blamed higher costs and problems at units in the road, utilities and housing maintenance businesses. last year, kier launched a reorganisation aimed at cutting costs and selling none—essential businesses. retail giant marks & spencer is perilously close to being booted out of the ftse100 this week, for the first time since the index was launched in 1984. its shares have tumbled by nearly a fifth over the past six months, as sales and profits have come under pressure. but it is likely to be saved from an embarrassing demotion from britain's
it's a crucial week for sir philip green's arcadia retail group, which includes topshop, burton, wallis. he wants to shut up to 50 stres and negotiate lower rents on others. —— stores. if landlords — who own the store buildings — and the pensions regulator do not back the plans, the high street giant could go into administration. kier shares have tumbled by a massive a0%, after warning that profits will not meet expectations this year. the construction and services group said underlying...
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Jun 13, 2019
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there was a reprieve for sir philip green's retail empire which includes topshop, burton and dorothy has more. there was a lot of talk about him putting his own money in. and he has had to do that to a certain extent because the pension fund is in a deficit. but let's discuss the stores first. arcadia group is owned by sir philip green and brands such as top shop and many others, under that umbrella. it has fallen, sales have fallen 2%. it is the usual story, competition from online and the changing way of shopping on high street. he said he needed to negotiate with his landlords and reduce the rent he pays on some of them and you want to close some. but to do that he needed the agreement of shareholders and also the landlord themselves. those landlords we re landlord themselves. those landlords were reluctant to do so because, bearin were reluctant to do so because, bear in mind they need that rent money from the likes of sir philip green to keep their business afloat. nonetheless, of course, what they came up with yesterday was a final agreement. and what happened was that they fin
there was a reprieve for sir philip green's retail empire which includes topshop, burton and dorothy has more. there was a lot of talk about him putting his own money in. and he has had to do that to a certain extent because the pension fund is in a deficit. but let's discuss the stores first. arcadia group is owned by sir philip green and brands such as top shop and many others, under that umbrella. it has fallen, sales have fallen 2%. it is the usual story, competition from online and the...
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the chairman of arcadia group, the retail empire that owns topshop, is denying the charges. >>> in hungary are preparing to raise a sunken crew boat from the danube river. at least seven south korean tourists died when the boat sank after hitting a cruise ship. teams are still searching for 21 passengers who are still missing. hungarian officials blame the crash on human error. ♪ >>> we want to bring you up to speed now on what happened in this terrible tragedy that played out in virginia beach on friday. here's what we know so far. police are searching the home of the disgruntled city worker who went on a shooting spree on friday. he entered a municipal being during office hours and killed at least 12 people and seriously wounded four others. the gunman died after a long shoot-out with police. one officer was shot by saved by his bulletproof vest. police say they recovered a rifle and semiautomatic handgun that was equipped with extended magazines and a silencer. alyssa andrews took a picture of one of the gunshot victims and earlier she explained what happened, but we do warn you what yo
the chairman of arcadia group, the retail empire that owns topshop, is denying the charges. >>> in hungary are preparing to raise a sunken crew boat from the danube river. at least seven south korean tourists died when the boat sank after hitting a cruise ship. teams are still searching for 21 passengers who are still missing. hungarian officials blame the crash on human error. ♪ >>> we want to bring you up to speed now on what happened in this terrible tragedy that played...
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in an interview with the bbc, he batted away the suggestion the topshop group had been on the point ofssions to sell stores and the chairman unexpectedly resigns. discounting is something we've seen a lot of in retail, but one company seems to be stepping away from that. yes, it's the model trainmaker hornby, an iconic british toy brand. heading for a turnaround according to its latest results. it made a loss in the last financial year of £5.2 million, but that pre—tax loss is almost half what they lost the year before, which was just over £10 million. so are they selling more? no, their total sales actually fell by about £3 million, but they've reduced their losses because they stopped discounting so that helps their margins, what they make on the sale of each item. it's not all plain sailing — potential choppy waters ahead. let's speak to the company's ceo, lyndon davies, whojoins us now. it has been described as a turnaround but still a loss of £5 million in a year is not brilliant news for investors. no, but it is pa rt of news for investors. no, but it is part of the long—term str
in an interview with the bbc, he batted away the suggestion the topshop group had been on the point ofssions to sell stores and the chairman unexpectedly resigns. discounting is something we've seen a lot of in retail, but one company seems to be stepping away from that. yes, it's the model trainmaker hornby, an iconic british toy brand. heading for a turnaround according to its latest results. it made a loss in the last financial year of £5.2 million, but that pre—tax loss is almost half...
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the rescue plan for the arcadia group which includes brands like topshop, burton and miss selfridge wase closing 48 stores, with the loss of 1,000 jobs, and cutting the rent on around 200 others. sir philip green told the bbc he'd been slow to react to a changing high street, but now it was time to look to the future. many more landlords clearly voted yes than no, right? 0ne landlord wants to make a lot of noise, that's his choice, that's not my choice but as far as i'm concerned tonight, tonight is about a celebration for our workforce, our supply chain and yes, the market's changed, now we've got to get to work, grasp this new marketplace and get on with the job. there will be more from sir philip green in the morning briefing. thousands of critically—endangered snails have been released into the wild after being rescued from the edge of extinction. the greater bermuda land snail, has had a remarkable turn around in fortunes, as helen briggs reports. meet the greater bermuda land snail. believed to have become extinct decades ago. a few hardy snails were discovered clinging to life in
the rescue plan for the arcadia group which includes brands like topshop, burton and miss selfridge wase closing 48 stores, with the loss of 1,000 jobs, and cutting the rent on around 200 others. sir philip green told the bbc he'd been slow to react to a changing high street, but now it was time to look to the future. many more landlords clearly voted yes than no, right? 0ne landlord wants to make a lot of noise, that's his choice, that's not my choice but as far as i'm concerned tonight,...
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Jun 5, 2019
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the company behind topshop and miss selfridge faces a make or break vote over its future later today.her to approve a restructuring deal for arcadia, meet to decide whether to approve a restructuring dealfor arcadia, the fashion empire owned by sir philip green. the company employs around 18,000 staff and could go into administration if the deal is rejected. researchers say almost one in five young women use self—harm as a way of coping with the daily pressures of life. a study published in the lancet psychiatry revealed an alarming rise in the instances of self—harm. the number of people getting no help remains at about 50%. experts say more support is needed. campaigners will head to the high court this morning for a judicial review into how the government raised the retirement age for women from 60 to 66. the group says around around 4 million women born in the 19505 were not given enough time to prepare for the changes. the government says the ri5e changes. the government says the rise was clearly communicated. back 110w rise was clearly communicated. back now to you, victoria. le
the company behind topshop and miss selfridge faces a make or break vote over its future later today.her to approve a restructuring deal for arcadia, meet to decide whether to approve a restructuring dealfor arcadia, the fashion empire owned by sir philip green. the company employs around 18,000 staff and could go into administration if the deal is rejected. researchers say almost one in five young women use self—harm as a way of coping with the daily pressures of life. a study published in...
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they are meeting to vote on plans from sir philip green's arcadia group which owns topshop, miss selfridgerkins among others and it wants the biggest landlords to accept cuts in their rents of up to 50%. if they refuse, arcadia could go into administration. whirlpool has been ordered by the government to recall half a million of its tumble dryers over fears they pose a fire safety risk and it comes after millions of dryers under whirlpool hotpoint, creda and indesit caused fires, including one in a tower block. whirlpool says safety is its number one priority. the united states recorded the biggest ever victory in the fifa women's world cup last night. commentator: she's got her goal! they crushed thailand 13—0. ten of the goals coming in the second half, alex morgan was the top scorer for the states with five goals. that's it for the news summary. back to you, victoria. thank you very much. in an hour's time borisjohnson launches his campagin to be prime minister. in a moment we'll talk live to another of the candidates hoping to be your next pm, andrea leadsom. first here's a bit about h
they are meeting to vote on plans from sir philip green's arcadia group which owns topshop, miss selfridgerkins among others and it wants the biggest landlords to accept cuts in their rents of up to 50%. if they refuse, arcadia could go into administration. whirlpool has been ordered by the government to recall half a million of its tumble dryers over fears they pose a fire safety risk and it comes after millions of dryers under whirlpool hotpoint, creda and indesit caused fires, including one...
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the company, which owns brands like topshop and miss selfridge and employs around 18,000 staff, couldd. campaigners will head to the high court this morning for a judicial review into how the government raised the state pension age for women from 60 to 66. they say that around four million women, who were born in the 1950s, were not given enough time to prepare for the change. here's our personal finance correspondent, simon gompertz. it makes me feel angry, depressed, put upon. this woman, an ambulance driver in margate, had little more than a year's notice that she wouldn't get the pension she banked on at 60, but instead she has to wait till 66. we would all love the money we are owed. i am probably owed something like 119,000 by the time i get to 66. i can't see that happening. i would like some sort of compensation if we don't get that. it is sex discrimination, they will tell the court. they don't mind equal pension ages, but they do mind the way they are being brought in. the "back to 60" group that has brought this judicial review is demanding repayment of all the pension that
the company, which owns brands like topshop and miss selfridge and employs around 18,000 staff, couldd. campaigners will head to the high court this morning for a judicial review into how the government raised the state pension age for women from 60 to 66. they say that around four million women, who were born in the 1950s, were not given enough time to prepare for the change. here's our personal finance correspondent, simon gompertz. it makes me feel angry, depressed, put upon. this woman, an...
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but topshop has been falling out of fashion. they face big competition from online retailers.e boss, sir philip green, has had a lot of negative publicity. all of that means that this store is one of nearly 50 he is hoping to try and close. that's why he's hoping to convince his landlords to sign a deal agreeing to close some stores and pay less rent for others in order to save the rest. the trouble is, his biggest landlord isn't keen on the idea. arcadia bosses have spent the last week making last—ditch attempts to try and convince landlords like intu to support the plan, and they say that if it's not approved by 75% of investors, then the whole business could go into administration. that's nerve—racking for staff. they're sat there on the sidelines while their employer is having a negotiation with the landlords over the future of their job. but there is a bigger issue here as well because we are seeing lots on the high street disappearing and that impacts on local communities and high streets like this. it's full of doom and gloom at the moment. the only shops you see now ar
but topshop has been falling out of fashion. they face big competition from online retailers.e boss, sir philip green, has had a lot of negative publicity. all of that means that this store is one of nearly 50 he is hoping to try and close. that's why he's hoping to convince his landlords to sign a deal agreeing to close some stores and pay less rent for others in order to save the rest. the trouble is, his biggest landlord isn't keen on the idea. arcadia bosses have spent the last week making...
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we know topshop and the arcadia group, they are in the process of trying to renegotiate theirs. therefore it had to close, putting thousands ofjobs at risk and its pensions concerns, too. we will come back to that story in a second. we will run you through the other business stories in the meantime. the data protection watchdog, the ico, has fined telecoms giant ee for sending unlawful text messages. the £100,000 fine was imposed after the firm sent more than 2.5 million direct marketing messages to its customers, without consent. the messages, sent early last year, encouraged customers to donwload the ‘my ee‘ app and also to upgrade their phone. health and beauty chain boots has started to replace plastic bags with brown paper bags in an attempt to cut down on the use of single use plastic. the retailer is also introducing paper bags for prescriptions, but those assembled at its central pharmacy will still be sent out in plastic packaging, a move that‘s been criticised by customers. and the trump administration is looking into the possibility of making sure all 5g equipment use
we know topshop and the arcadia group, they are in the process of trying to renegotiate theirs. therefore it had to close, putting thousands ofjobs at risk and its pensions concerns, too. we will come back to that story in a second. we will run you through the other business stories in the meantime. the data protection watchdog, the ico, has fined telecoms giant ee for sending unlawful text messages. the £100,000 fine was imposed after the firm sent more than 2.5 million direct marketing...
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Jun 3, 2019
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it's a crucial week for sir philip green's arcadia retail group — which includes topshop, burton, wallisrs. if landlords — who own the store buildings — and the pensions regulator do not back the plans, the high street giant could go into administration. more trouble for boeing. the us federal aviation administration says that more than 300 737 max and ng jets may contain improperly manufactured parts that need replacing. all 737 max jets were grounded after two of the aircraft suffered fatal crashes in the space of five months. business and trade are neverfarfrom the mind of president trump. ben, what can we expect to emerge from this visit on those topics? it is hugely important in terms of brexit. yes, it's no secret that there are hopes of — well, an ambitious trade agreement between britain and america after brexit. the prime minister's spokesman said he expected the issue of a free trade agreement to come up in the talks between the president and mrs may. one potential thorny issue is around access to the uk health care sector. some senior government ministers have said "the nhs wi
it's a crucial week for sir philip green's arcadia retail group — which includes topshop, burton, wallisrs. if landlords — who own the store buildings — and the pensions regulator do not back the plans, the high street giant could go into administration. more trouble for boeing. the us federal aviation administration says that more than 300 737 max and ng jets may contain improperly manufactured parts that need replacing. all 737 max jets were grounded after two of the aircraft suffered...
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Jun 4, 2019
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this time it's the arcadia group, which includes brands like topshop, burton, dorothy perkins, miss selfridgemer habits, in this case competition from fast—growing online specialists such as boohoo and asos, as well as cheaper rival primark. so what are the solutions? i mean, if you knew that... so what are the solutions? i mean, if you knew that. .. if i knew that, i probably wouldn't be doing this! again, like other retailers, it wants to cut costs. those high—street stores are expensive and fewer people are going on and spending money. that means closing around 50 stores and renegotiating rents on around 200, under what is known as a cva, or company voluntary arrangement. so whatever happens, it is likely to meana so whatever happens, it is likely to mean a big change in the high street. without it, it says it could go into administration. it would be a huge loss given the number of stores and the brands that are included. it needs 75% of its creditors, including its landlords, to vote on the plan at a meeting tomorrow. they have been reluctant so far because they would earn less in rent,
this time it's the arcadia group, which includes brands like topshop, burton, dorothy perkins, miss selfridgemer habits, in this case competition from fast—growing online specialists such as boohoo and asos, as well as cheaper rival primark. so what are the solutions? i mean, if you knew that... so what are the solutions? i mean, if you knew that. .. if i knew that, i probably wouldn't be doing this! again, like other retailers, it wants to cut costs. those high—street stores are expensive...
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the company, which owns topshop, burton and miss selfridge, plans to close dozens of stores and wantst means and what it enables him to do. a cba is generally proposed by a company and difficulties to avoid some more formal procedures, such as administration. he needs a 75% of vote in favour in order for that to pass. 0nce vote in favour in order for that to pass. once that vote has been taking thenit pass. once that vote has been taking then it will bind 100% of the creditors, so it is quite an attractive option. there had been lots of hurdles for him to get to this point, hasn't there? yes, it has been a bit of a roller—coaster. looking at whether they will or will not get to the 75% majority. 0n tuesday night they had a boost when the pensions grip said they would support them. some have said they would vote for them and one in particular has said that they are not minded to vote in favour. what happens if he loses this vote?“ not minded to vote in favour. what happens if he loses this vote? if he loses this boat and does not get the 75% majority, the company will have to look at m
the company, which owns topshop, burton and miss selfridge, plans to close dozens of stores and wantst means and what it enables him to do. a cba is generally proposed by a company and difficulties to avoid some more formal procedures, such as administration. he needs a 75% of vote in favour in order for that to pass. 0nce vote in favour in order for that to pass. once that vote has been taking thenit pass. once that vote has been taking then it will bind 100% of the creditors, so it is quite...
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arcadia group — which includes topshop, burton, and dorothy perkins among others — is a titan of theona backing could be huge? that is right, on a couple of levels, we have got to think how big they are in the brand names they have underneath them and how you thousands of people rely on arcadia group and the associated brands for their jobs. group and the associated brands for theirjobs. it is also the precedent it sets, the company voluntary agreements have been are used in multiple examples recently where high street names have been struggling and the landlords are choosing this as a moment to take a stand, dangling the sword of damocles over arcadia, at this meeting could set a precedent, it could change how things happen going forward in this area because company volu nta ry forward in this area because company voluntary agreements do not half put the squeeze on landlords. staying on the squeeze on landlords. staying on the theme of retail, ted baker, one of the big fall is in terms of share price, another indicator of the woes that retailers are facing? you are right, the share
arcadia group — which includes topshop, burton, and dorothy perkins among others — is a titan of theona backing could be huge? that is right, on a couple of levels, we have got to think how big they are in the brand names they have underneath them and how you thousands of people rely on arcadia group and the associated brands for their jobs. group and the associated brands for theirjobs. it is also the precedent it sets, the company voluntary agreements have been are used in multiple...