Guinness Peat doubles scheme contributions as TPR probe continues

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Guinness Peat Group (GPG) has agreed to double payments to its main scheme as The Pensions Regulator (TPR) continues to investigate whether to force the company to increase contributions.

The firm revealed in its half year results, published today, that it would raise annual deficit recovery contributions to the Coats UK Pension Plan to £14m, subject to approval from its banks and T...

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