Debenhams fails to make pension payment as it prepares for administration


Debenhams fails to top-up pensions scheme as …
// Debenhams fails to make payment to its pension scheme this month as administration looms// The department store chain is on the brink of its second collapse in a year// The failure to top-up …


Debenhams misses April pension scheme DRC – Pensions Age …
High street retailer, Debenhams, failed to pay its agreed April deficit recovery contribution (DRC) as the firm edges towards administration. TPR has recently issued guidance stating that it would be easing regulatory action against employers that suspend DRCs. Debenhams had agreed a monthly payment


Debenhams prepares to file for bankruptcy | Business | The …
Debenhams is preparing to call in administrators after the struggling department store was forced to close all its outlets under the coronavirus lockdown.. The company, which has 22,000 staff and …


Debenhams misses April pension scheme DRC – European Pensions
British high street retailer, Debenhams, failed to pay its agreed April deficit recovery contribution (DRC) as the firm edges towards administration. According to the Sunday Telegraph, Debenhams had confirmed that they did not seek permission from The Pensions Regulator (TPR) to miss the contribution.


Debenhams falls into administration as lenders take …
Debenhams falls into administration as lenders take control. The company’s 165 stores will initially continue to trade but 50 have been earmarked for closure within three to five years


Debenhams falls into administration with 50 stores to …
Debenhams falls into administration with 50 stores to close after Mike Ashley’s rescue plan fails. … pension holders, suppliers and landlords can be reassured that Debenhams will now be able …


Debenhams prepares to enter ‘light touch’ administration
Debenhams prepares to enter ‘light touch’ administration . By Becky Bargh 6-Apr-2020. Retail. The struggling department store chain hopes the move will protect it from legal action that could push the firm into liquidation while its stores are closed due to Covid-19


High street gloom continues as fears grow over UK economy …
Jan 17, 2020The Office for National Statistics said retail sales failed to rise for a record fifth month in a row in December as household spending in high street shops and online plunged by 0.6% from the …


Creditors approve Debenhams store closure plan | Business …
Creditors of struggling department store Debenhams have backed a restructuring plan which will see up to 50 stores close. Debenhams said more than 75% had voted in favour of its Company Voluntary …


British Retailer Debenhams to Seek Protection From …
LONDON — In a move aimed at keeping creditors at bay, the British department store chain Debenhams has taken a first step toward bankruptcy protection. The retailer stressed that its decision …
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