United Kingdom

UK - Troubled engineering group FKI has run up a £100m deficit under FRS17, City analysts calculate.

UK - Insight Investment has launched a project to help companies comply with internationally recognised business principles.

UK - Gartmore has hired Robert Crossley to its fixed income team as a senior portfolio constructor.

UK - British Airways has postponed the closure of its final salary scheme until April next year.

UK - The government's long-term policy shows there is no future for the basic state pension, the Liberal Democrats claim.

UK - IFA services group Tenet has promoted Stuart Fairbairn to a new role as director of group pensions development.

UK - Senior executives at Royal Mail are to lose their early retirement provisions as part of a major shake-up of management structure.

UK - The £18.8bn Electricity Supply Pension Scheme has switched property managers.

UK - FTSE Group has launched a new European Sector Index Series.

UK - London-headquartered Janus International has joined the International Money Markets Funds Association, bringing the total number of members to 25.