Sir Philip Green suggests he has cut the cord with BHS after his £1 sale last year. But the Pensions Regulator has the power to pursuse former owners of businesses who it thinks have responsibilities to pension scheme members.
The high street store has been unable to find £60 million in emergency funding needed to pay wages and rent and stop it going under.
BHS is expected to file for administration on Monday, putting 11,000 jobs at risk
Talks regarding a £60m deal with investment firm Gordon Brothers have collapsed
Exclusive: Nine months after it bought the troubled chain, Retail Acquisitions brings in Aidan Treacy as finance director
The shop assistant Sam Warren, 28, said: 'I don't what to make of it all really. I was just doing my job.'
The quickest way to update your home is to add concrete to the mix, and from lamps to flooring, the high street has it covered. By Trish Lorenz
Menswear favourite Burton mixes things up by taking on a new student designer. Rebecca Gonsalves reports
Britain's sixth richest man is a ruthless deal-maker. But as he enters politics, will his lifestyle and financial affairs survive scrutiny?
Senior figures voice dismay at billionaire being asked to lead Whitehall spending review
As a compatriot, you don't have to believe every detail of Pavlos Joseph's defence of how he encountered David Beckham in the England dressing-room in Cape Town to find at least one element of his story grimly plausible: the bit where he says: "My name's Pavlos and I'm just looking for a toilet."