Arcadia redundancies: retail group announces full payouts in reversal

Sir Philip Green’s Arcadia fashion group has performed a U-turn and agreed to pay full salaries for head office staff facing redundancy.

It comes after reports that Arcadia – whose high street brands include Topman, Topshop and Dorothy Perkins – was only going to pay some of its staff as little as 50% of their notice pay.

An Arcadia spokesman said its actions related to around 300 redundancies in head office and that the company was “extremely sorry to all those individuals impacted…

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