Peacocks deficit inflates by 73% as PPF assessment continues

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Troubled clothing retailer Peacocks has seen its scheme deficit increase by 73% as the scheme undergoes assessment to enter the Pension Protection Fund.

The high-street chain entered administration in January 2012 as administrators KPMG applied for PPF assessment with a scheme deficit of £15m based on a 2007 valuation. The scheme entered assessment...

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