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Topshop owner forced to make U-turn after offering staff just 50% of redundancy pay

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www.mirror.co.uk

The fashion empire behind Topshop has been forced to make a U-turn after telling staff they would receive just half of their redundancy pay.

Arcadia Group, which is owned by Sir Philip Green, has issued an apology to workers after wrongly telling them that they would receive furlough pay instead of their contracted redundancy payout.

Arcadia, whose high street brands include Topshop, Topman, and Dorothy Perkins, previously said it was only going to pay some of its employees as little as 50% of their notice pay.

It comes after the business announced 300 head office redundancies in July, amid millions of pounds in losses due to the Covid-19 outbreak.

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