BT seeks High Court ruling on Crown Guarantee

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The trustee of the BT Pension Scheme is seeking a High Court ruling on the scope and extent of the Crown Guarantee, which could force the government to support its £9bn deficit in the event of insolvency.

The initial hearing begins in the High Court on the Strand, London today and is expected to last five days. A final judgment isn't expected until October, this year. In a statement, BT said it s...

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