Highly leveraged Box Clever deal put ITV in regulator's sights

Jenna Towler
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The Pensions Regulator has released its reasoning for issuing a series of financial support directions to the ITV group over the beleaguered Box Clever Pension Scheme.

The watchdog said it made the five orders because the broadcast giant received significant financial benefit from the creation of TV rentals firm Box Clever - about £500m - while the firm itself we...

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