Green

Key investor turns his back on Sir Philip Green as the tycoon comes under fire over Arcadia pensions

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Sir Philip Green has lost the backing of one of his biggest investors as he embarks on a major-cost cutting drive across his retail empire. US private equity firm Leonard Green has ditched its 25 per cent stake in Topshop, seven years after it splashed out £350million on the investment, which valued the fashion chain … Read more

Green facing new pension row over plot to cut funding

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Sir Philip Green is seeking to slash his annual contributions into the Arcadia staff pension fund by half, according to reports. The tycoon is said to be preparing to halve payments into the fund to £25million a year as he presses ahead with a major cost-cutting drive that will involve a raft of store closures. … Read more

Oregon’s annual UFO festival is just the place to channel your inner green man

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Oregon’s annual UFO festival is just the place to channel your inner green man UFO Fest, in McMinnville, Oregon, will be celebrating its 20th anniversary in May In 1950, the small town was the location of an alleged UFO sighting by a farmer  The highlight of the wacky festival is a parade where people dress … Read more