ICI group reveals 60% rise on FRS17 deficit

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UK - Imperial Chemical Industries has disclosed a 60% rise in the FRS17 deficit on its UK pension fund.

The group’s main £6.7bn pension fund has seen its shortfall under FRS17 rise £96m to £257m in the year to December 31, 2002. The group kept its contributions at £30m over 2002 but a triennial re...

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