UK - British Telecom could be forced to raise its prices in an effort to close an estimated £5.9bn deficit in its £26.6bn scheme.
A source close to BT warned that prices will have to rise for it to be able to meet the shortfall.
The source said: “It is commonsense; if companies have to meet their pension scheme expenses, the money to meet those costs has got to come from somewhere.”
The admission comes after brewer Wolverhampton and Dudley was reported to have made plans to raise the prices of its beers by 10p a pint to meet its scheme shortfall.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
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