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'Put that down, cancel that': the Guardian tracks Philip Green to Monaco | Business | The Guardian
Philip Green
another big employer with a nearly a billion-pound pension deficit, which might mean the gov had to bail the scheme out.

https://www.theguardian.com/business/2019/may/23/philip-greens-retail-rescue-plan-torpedoed-by-pension-watchdog - Philip Green's retail rescue plan at risk over pension scheme

24hrs later - 60 stores close incl USA, less pension contribution, less pension payout, lowered rents for existing stores, still to be agreed.
- restructuring
https://www.bbc.co.uk/news/business-48406854
Philip  Green  Arcadia  1%  tax  evasion  avoidance  Retail  crisis  highstreet  pension  deficit  bailout  scheme  greed  plutocracy  DonaldTrump  Donald  Trump  Brexit  oligarchy  Aristocracy  inequality  poverty  trap  minimum  wage  working  poor 
24 days ago by asterisk2a
mainly macro: We need a political party that is tough on the causes of Brexit
Brexit was not an aberration in an otherwise well functioning UK democracy, any more than Trump was in the US. They are symptoms of a deeper malaise. I cannot put it better than Anthony Barnett when he says if all you want to do is stop Brexit and Trump and go back to what you regard as normal, you miss that what was normal led to Brexit and Trump. Unless we have politicians in power who understand the need for radical change, the snake oil sellers who sold us Brexit and US voters Trump will happily carry on plying their wares.
UK  EU  Brexit  austerity  politics  economics  finance  crisis  UKIP  ge2015  economy  coalition  deficit  ToryParty  media  propaganda  immigration  IndependentGroup  dctagged  dc:creator=Wren-LewisSimon 
february 2019 by petej

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