UK Government to take on £10.3bn RMPP deficit by March

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UK - The Royal Mail's £10.3bn ($16.8bn) pensions deficit will be taken on by the tax-payer next spring as legislation to privatise the service is expected to become law next week.

The measures are in the Postal Services Bill which is waiting for royal assent after the House of Commons yesterday accepted amendments proposed in the Lords - including three relating to the pensi...

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