UK - Struggling aerospace manufacturer British Aerospace (BAe) has seen its FRS17 pension deficit rise by nearly £900m to £1.3bn since the beginning of the year.
The firm’s four pension schemes, which have been valued at £8.6bn, had a net FRS17 deficit of £455m at the start of the year. By the end of June it had grown by an additional £845m. The schemes ha...
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