BBC deficit rises by more than £1bn

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The BBC has seen its scheme shortfall rise by more than a billion pounds after a 10% increase in liabilities cancelled out £170m in deficit recovery contributions.

The broadcaster's annual update on the scheme, published today, showed the deficit on an on-going basis had grown from £1.4bn to £1.6bn over the last 12 months. The funding level on this basis f...

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