Rogue bosses who gamble with staff pensions to be handed prison sentences under Government plans

Bosses who gamble with their staff’s pension schemes will face prison sentences of up to two years under plans to criminalise their unscrupulous business practices.

Theresa May said the tough new measures would safeguard staff from “irresponsible” executives who risk their workers’ future financial security without fear of the consequences.

It comes nearly two year after the public outcry over the collapse of BHS, which resulted in the loss of 11,000 jobs and the security of more than 19,000 pensions cast into doubt.

The high street chain’s failure came after  business tycoon Sir Philip Green decided to sell the company to Dominic Chappell in March 2015, just days before the Pension Regulator...