Former owner of BHS Philip Green is still working on pension fix

Chairman of Arcadia group Philip Green said he is continuing to work with the pensions regulator to find a solution for BHS’ 20,000 pensioners, according to a report by Reuters.

BHS’s recent closure resulted in the loss of 11,000 jobs and left its pension fund with a deficit of £571m.

"Contrary to all the coverage, I have been working on this issue on a daily basis and will continue to do so with my best efforts to achieve a satisfactory outcome for all involved as soon as possible," Green said in a statement.

A report released by lawmakers in July blamed Green for the collapse of BHS after he sold the business in 2015 to “serial bankrupt” Dominic Chappell.