Premier Foods has seen the deficit in its schemes fall slightly from £282.4m to £272.6m over the first six months of the year despite its decision to suspend £47m a year in deficit contributions.
The funding level on an IAS19 basis was boosted by a switch from CPI to RPI for revaluing most members' benefits in the RHM schemes which resulted in a credit of £44m and took it into surplus. O...
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