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Introduce retrospective legislation offering protection to company pension funds

Submitted on Friday 3rd June 2016

Published on Tuesday 21st June 2016

Current status: Closed

Closed: Wednesday 21st December 2016

Signatures: 18

Petition Action

Introduce retrospective legislation offering protection to company pension funds

Petition Details

Philip Green purchased BHS in 2000. Since then he has reportedly extracted £580M from the company, driving it to bankruptcy. Meanwhile there is a £571M shortfall in the pension fund affecting thousands of workers. This is a morally reprehensible situation that should be rectified.


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