Rising inflation assumptions push Barclays deficit to £1.4bn

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The deficit at Barclays' UK Retirement Fund increased 75% in 2013, hitting £1.4bn by the end of the year.

In its final results for the year to 31 December, published today, the bank said the IAS 19 deficit had been pushed up by an increase in UK inflation assumptions from 2.93% to 3.42%. This was pa...

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