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Dominic Chappell to pay £87,000 over BHS failings

The former owner of BHS, Dominic Chappell, has been ordered to pay a £50,000 fine and £37,000 court costs for failing to provide details on pensions during the investigation into the collapse of the retailer.

Chappell bought BHS from Sir Philip Green for £1 in March 2015. It collapsed a year later resulting in 11,000 job losses and a £571m hole in its pension fund.

Reports say Chappell told Barkingside Magistrates’ Court in east London that he had been “financially crippled” by BHS, but District Judge Gary Lucie said there was a “complete lack of remorse” on Chappell’s part.

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