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'Door remains open' for BHS pension deal with Green

The Pensions Regulator has said that it is still hopeful that it will be able to secure a deal with former BHS owner Sir Philip Green to settle the collapsed chain’s pensions deficit.

Lesley Titcomb, chief executive of the regulator, yesterday told the work and pensions committee that the “door remains open”, for a deal with Green.

“We are pursuing the best possible outcome we can secure for them [members of the BHS pension fund] relentlessly,” she said.

The comments came as the war of words between Sir Philip Green and chair of the work and pensions select committee Frank Field continued with the MP writing to the Pensions Regulator to ask if Green’s assets can be seized on behalf of the BHS pension scheme.


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