BT agrees 17 year recovery plan to tackle £9bn deficit

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UK - British Telecom has agreed a 17-year recovery plan with its trustees in an attempt to tackle a £9bn (US$14.1bn) deficit.

BT and the trustee of the BT Pension scheme announced their agreement on the triennial actuarial funding valuation and recovery plan this morning - revealing a near-tripling in the pensions deficit...

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