£197m scheme injection saves EMI from TPR showdown

The EMI Group has narrowly avoided a hearing before The Pensions Regulator's determinations panel after agreeing a £197m funding deal with the scheme trustee.

The multi-year payment plan will see the music giant - whose artists include Coldplay and Kylie Minogue - make a £197m contribution, including an immediate £16m, into the EMI Group Pension Fund between...

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