Work and Pensions Committee scrutinises Vauxhall pension deal

Stephanie Baxter
clock • 1 min read

MPs are probing a deal agreed for General Motors' (GM) UK defined benefit schemes just days after the car manufacturing giant announced the sale of its European assets including Vauxhall.

It comes amid concerns about what the acquisition by Peugeot-maker PSA group will mean for the future of the schemes, particularly the Vauxhall Motors Limited Pension Plan, which has a deficit of £...

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