Deficits edge upwards after gilt yields tumble

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Decreasing gilt yields sent the aggregate deficit of the Pension Protection Fund's (PPF) 7800 Index up by 18% in March, according to the latest data.

Although the deficit on a section 179 basis eased by 32% to £248.7bn in February, this was partially reversed when the funding gap widened to £292.6bn last month. Figures from the lifeboat fund ...

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