Shopworkers’ trade union Usdaw will present a petition with more than 100,000 signatures to Arcadia’s headquarters on Wednesday, urging Sir Philip Green to deliver on his pledge to “sort” the BHS pension scheme.
John Hannett, Usdaw’s general secretary, said current and BHS pensioners need assurance about their future income and called on Green to deliver “a better deal” than the guaranteed 90% of accrued benefits from the Pension Protection Fund.
Green promised to “sort” the pension scheme in June, but so far a deal has not been reached.
“Our priority is to see Sir Philip do the right thing and deliver on his promise,” said Hannett. “If he wants to recover any reputational credibility he must not haggle his way out of his responsibilities, he must make a full contribution and do it quickly.
“That is the least he can do for former staff, many of whom spent their entire working life at BHS.”
The petition currently has more than 107,000 signatures. It was gathered in association with trade union TUC and online petition website Care2. Representatives from the TUC and Care2 will be joining Hannett to deliver the petition tomorrow.
A spokesman for Arcadia declined to comment.