Summary
Billionaire Sir Philip Green will not pay himself a dividend this year after profits at his Arcadia retail empire were slashed by a fifth.
Sir Philip banked a pounds 1.2 billion windfall from Arcadia last year in the world's largest ever dividend payment after the company defied the downturn in spending on the high street.See the full content of this document
Extract
Arcadia Boss Foregoes His Dividend
But yesterday he said no dividend would be paid this time after pretax profits at Arcadia - which includes Topshop, Miss Selfridge, Burton and Do...
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