Round up - July 2

Shares gloom leaves pension funds with £30bn deficit

The Telegraph

Most pension schemes are now in deficit after £36bn was wiped off the value of the top 200 largest UK privately sponsored pension final salary schemes in June.

£500m to help police pensions

The Mirror

Taxpayers contributed £500m over the past two years to top up the pensions scheme. Officers are allowed to retire after 30 years.

Growing ranks of elderly add to costs dilemma

Financial Times

Spiralling cost of care is the result of technological change and ageing populations.

Unite becomes a transatlantic force

Financial Times

The union Unite will is to join forces with the largest private sector union in the US, Pittsburgh based United Steelworkers to create a transatlantic labour body.