BT's £8.8bn deficit is 'self-inflicted'

clock

BT's rivals have attacked the telecoms giant for seeking to charge customers to help plug its £8.8bn scheme deficit.

BSkyB, Cable & Wireless and Carphone Warehouse all issued consultation responses to telecoms regulator Ofcom - made public yesterday - saying BT was itself to blame for its £8.8bn accounting defici...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight: The billion-pound blueprint - how large schemes are driving innovation in bulk annuities

Partner Insight: The billion-pound blueprint - how large schemes are driving innovation in bulk annuities

Hannah Brinton, Partner, Aon
clock 11 December 2025 • 4 min read
Mixed opinions over whether DB surplus payments will encourage run-on

Mixed opinions over whether DB surplus payments will encourage run-on

PP survey finds no industry agreement on whether DB surplus plans will encourage schemes to run-on

Martin Richmond
clock 11 December 2025 • 2 min read
Partner Insight: Member experience - A key factor in insurer selection

Partner Insight: Member experience - A key factor in insurer selection

Jamil Merali, Associate Partner, Aon
clock 10 December 2025 • 4 min read
Trustpilot