Dee Valley Water deficit springs into £4m surplus in past year

Jenna Towler
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Dee Valley Group turned its £2m pension scheme deficit into a surplus of £4m on an accounting basis over the last year, its preliminary results show.

The water supplier said the switch from to the Consumer Prices Index for future indexation saved the firm £3.2m. Other factors in the turnaround included better than expected asset returns (£0.5...

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