A-Day changes help Tesco cut deficit by £250m

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Tax simplification changes helped supermarket giant Tesco cut its final salary pension scheme deficit by £250m, the company's latest figures show.

The Tesco Pension Scheme has a shortfall of £950m under international accounting standard IAS19 – down from £1.2bn last year. Tesco said the pension fund gained £250m after the additional flexib...

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