Philip Green urged to plug pension shortfall before Arcadia administration

Topshop and Burton owner expected to enter administration within hours

The Arcadia boss, Sir Philip Green, is under pressure from MPs and unions to use his private fortune to “make good” the huge shortfall in his retail empire’s pension scheme ahead of the company’s expected collapse into administration.

The owner of household names including Topshop, Topman, Miss Selfridge, Dorothy Perkins and Burton is expected to enter administration in the coming hours after the weekend failed to bring a last-minute rescue deal for Green’s retail businesses.

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