BT deficit widens by £3bn as rates fall

Michael Klimes
clock • 1 min read

The funding deficit in the BT pension scheme has grown by almost £3bn according to the latest summary funding statement.

Between 30 June 2014 and 30 June 2015 the funding shortfall increased from £7bn to nearly £10bn due to a fall in long-term interest rates which increased liabilities. This was despite positive i...

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