UK - The BT Pension Scheme shortfall shrank £1.5bn ($2.4bn) in Q4 last year, helped by a £1bn increase in asset values and a £525m deficit payment, according to its quarterly report.
The scheme's deficit fell from £5.2bn at the end of September to £3.7bn gross of tax at the end of 2010. Scheme assets were valued at up to £36.4bn at the end of December - an increase of £1.1bn...
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