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Philip Green’s Arcadia to go bust so who is to blame?

Tom Winnifrith Friday 27 November 2020

 

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It appears that Arcadia, owner of TopShop, Burtons and Dorothy Perkins is unable to tap an additional £30 million banking lifeline and so is likely to go into administration next week putting 13,000 jobs at risk. The odds are that most stores will be bought from the administrators so the actual jobs cull, though painful, will not be as painful as some fear. Already the blame game has started but who is really to blame?

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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