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Royal Mail expecting to post £10bn scheme deficit

Tom Selby

11 December 2009 •

The Royal Mail pension scheme is straining under the pressure of a potentially record-breaking pensions deficit, the company says.

The postal operator confirmed it expected a £10bn shortfall in its defined benefit scheme - surpassing the £6.8bn deficit revealed by the BT pension scheme in November (PP Online, 12 November). ...

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