Corporate bond yield rise wipes out St Ives deficit

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A rise in corporate bond yields has wiped out marketing and publishing conglomerate St Ives' £20m deficit, its final results show.

The company said its scheme surplus hit £0.1m at its year end of 2 August, after being £20m in deficit on the same date in 2012. The rise in the yield from corporate bonds pushed the scheme's di...

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