UK - Total funding deficits increased by £13bn (US$23bn) to £60bn, following the 4% falls on equity markets yesterday, according to estimates by PricewaterhouseCoopers (PWC).
The firm added deficits have tripled from £20bn (US$35.6bn) at the start of this year. These figures were the firm's estimates of deficits on a scheme funding basis, the measure used by trustees to...
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