BHS's pension deficit has just got bigger. How will Sir Philip Green sort it?

Last week's cut in base rates has worsened the plight of the collapsed chain's pensioners. But there are solutions available to its billionaire former owner Mark Carney has just made Sir Philip Green's life even more difficult. The retail tycoon's bid to bail out the BHS pension scheme, and hold on to his knighthood, could have soared to more than £700m after the Bank of England governor presided over a cut in interest rates last week. Adding to the pressure, the Bank also pumped more cash int...