MPs approve taxpayer funding of Royal Mail deficit

clock

Members of Parliament yesterday approved the Postal Services Bill, which includes relieving Royal Mail of its £10.3bn pension fund deficit.

The Bill was passed through the House of Commons yesterday evening representing the first time that legislation to enable Royal Mail to benefit from private capital has been approved by MPs. It ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Buzz: Should supporting CDC innovation be one of TPR's key priorities?

Buzz: Should supporting CDC innovation be one of TPR's key priorities?

CDC innovation, Retirement Living Standards and DC megafunds

Professional Pensions
clock 08 June 2026 • 1 min read
Barnett Waddingham renews PMI insight partnership

Barnett Waddingham renews PMI insight partnership

Consultancy will continue to provide expertise and insight to PMI members

Holly Roach
clock 08 June 2026 • 1 min read
Industry responds to TPR five-year corporate strategy consultation

Industry responds to TPR five-year corporate strategy consultation

Industry welcomes strategy but says more is needed to ensure members remain priority

Holly Roach
clock 08 June 2026 • 6 min read
Trustpilot