Tesco pension deficit rises 30% since February

Stephanie Baxter
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Tesco Group's net pension deficit after tax increased 30% over eight months to £3.4bn in August, according to the company's interim results.

The deficit, which covers the group's range of defined benefit schemes, rose from £2.6bn as of February 22, up from £2.4bn recorded on August 24 last year. The supermarket attributed the rise to...

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