Sir Philip Green’s retail empire ‘rakes in millions in Government furlough handouts while axing 300 staff on the cheap’

SIR PHILIP Green’s retail empire axed staff on the cheap while taking government furlough handouts, leaked documents reportedly show.

Arcadia Group, which owns a clutch of high-street retail brands, has taken millions of pounds from the public purse to pay workers on furlough.

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Around 300 staff have reportedly been made redundant on reduced rates

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Around 300 staff have reportedly been made redundant on reduced ratesCredit: Getty – Contributor
Sir Philip has been criticised for using the furlough scheme when he has a huge personal wealth

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Sir Philip has been criticised for using the furlough scheme when he has a huge personal wealthCredit: Splash News

The Times reports the company – headed up by Sir Philip, worth £950million -has made 300 staff redundant at its head office and exploited a loophole in official rule to pay a reduced rate in the notice period.

An executive there reportedly told staff the fashion empire needed to take “every penny we can get”.

One employee told

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