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Green: Topshop empire 'didn't come close to collapse'

Sir Philip Green thanks the landlords and suppliers who backed the restructuring deal that saved Arcadia.

The move by the Business Committee follows the recent liquidation of the firm, putting 5,000 jobs at risk.

About 15 restaurants are closing each week across the UK.

The secretive investment firm also owned Monarch Airlines and Comet.

UK celebrity chef Jamie Olivers restaurants go into administration, putting up to 1,300 jobs at risk.

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