Editorial - Risk under the microscope

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There must surely be something amiss with the Pension Protection Fund's levy system when a bill of £150,000 is sent to the Salvation Army.

Rating agency Dun & Bradstreet said the 114-year-old organisation had a “high risk of business failure”. But what does “high risk” really mean? D&B’s flawed report gave the Salvation Army a failur...

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