City analysts count £100m deficit at FKI

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UK - Troubled engineering group FKI has run up a £100m deficit under FRS17, City analysts calculate.

The firm has two main schemes – the £364m FKI Group Pension Scheme and the US-based £251.4m FKI Industries Group Pension Plan. At the end of March, it had a £7m surplus under FRS17. The schemes ...

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