BT reports £2.8bn increase in scheme deficit

Jonathan Stapleton
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UK - British Telecom has reported a £2.8bn (US$4.1bn) increase in its net pension deficit on an IAS19 basis.

The telecommunications firm's final results for the fourth quarter and year to March 31, 2010 - published this morning - revealed its pension deficit had risen from £2.9bn at March 31 last year to ...

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