Barclays schemes' deficit soars by £1.1bn as bond yields fall

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Barclays Group deficit across all its schemes has increased by 550% over 2012 rising by £1.1bn to stand at £1.3bn, its final results have shown.

The bank said this reflected net recognised assets of £2.1bn and unrecognised actuarial losses of £3.4bn. In 2011 the schemes' deficit stood at £0.2bn made up of net assets of £1.5bn and actuari...

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