Whitbread deficit jumps 40% to £403m

Michael Klimes
clock • 1 min read

The pensions deficit at Whitbread has increased by 40% from March to September according to its latest half-year results.

The deficit went from £288.1m as at 3 March to £403.5m as at 1 September on an IAS 19 accounting basis. The hospitality firm said the increase was down to the reduction in the discount rate from...

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 Defined Benefit

Partner Insight: What we share sets us apart

Partner Insight: What we share sets us apart

Rosie Fantom, Head of Pension Risk Transfer, explains how BPA Plus combines guaranteed security with the potential to share more value.

Rosie Fantom, Head of Pension Risk Transfer @ M&G
clock 28 October 2026 • 4 min read
Tender Watch: People's Pension reappoints Northern Trust

Tender Watch: People's Pension reappoints Northern Trust

Firm will continue to provide scheme with fund admin and performance measurement services

Professional Pensions
clock 26 October 2026 • 1 min read
'Value horizon' in run-on could increase member outcomes by up to 15%

'Value horizon' in run-on could increase member outcomes by up to 15%

Hymans report says investment strategy is key to achieving scheme objectives in run-on

Alex Levy
clock 22 October 2026 • 1 min read
Trustpilot