PPF 7800 Index shows £16bn rise in deficits for July

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A PPF update released today has shown an increase in scheme deficits from June to July this year, with the aggregate balance of schemes falling from -£267bn to -£283bn on the lifeboat funds' 7800 Index.

The index, showing the estimated funding positions of 6,432 schemes, also shows an additional 30 schemes moving into deficit over the month, increasing the percentage of schemes in deficit to 84.2%...

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