UK - British Telecom has dispelled analysts' fears that it will haveto raise employer contribution rates to reduce its rising pension scheme deficit, following the release of its first quarter results.
Investment bank JPMorgan issued a report last month which estimated that the telecommunication giant’s FRS17 deficit had soared from £1.8bn at the end of March 2002 to £4.2bn by June 30, 2002, owin...
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