BP agrees £1.4bn scheme boost to plug deficit and de-risk portfolio
BP has agreed to make more than £1.4bn of additional contributions to its pension schemes over the next five years in a bid to wipe out its deficit by 2017.
The scheme recently told members this year's deficit recovery contribution of £253.7m was brought forward to December 2012. This was on top of contributions of £306.9m to fund benefits accrued by scheme...
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