BT to fight Ofcom on deficit ruling

clock •

British Telecom is to challenge Ofcom's decision not to take into account its scheme deficit when setting its regulated charges.

This comes as the telecoms giant announced in its first quarter results to 30 June it had improved its deficit from £9bn at the end of 2008 - to £6.6bn in the first quarter of this year. BT chie...

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 Industry

Professional trusteeship has become the governance 'default'

Professional trusteeship has become the governance 'default'

LCP report shows professional trustees oversee £1trn of DB scheme assets

Martin Richmond
clock 17 September 2026 • 4 min read
Pension Insurance Corporation posts half-year results

Pension Insurance Corporation posts half-year results

Insurer’s adjusted operating profit before tax grew to £528m in the first half of the year

Holly Roach
clock 17 September 2026 • 2 min read
WPC launches inquiry into auto-enrolment

WPC launches inquiry into auto-enrolment

Committee is asking whether minimum contributions need to rise

Holly Roach
clock 17 September 2026 • 2 min read
Trustpilot