The deficit for the closed Whitbread defined benefit pension scheme has climbed above £0.5bn despite contributions of £61m from the firm.
The leisure group - which owns Costa Coffee and Premier Inn - revealed in its interim results today that the shortfall had climbed from £488m to £517m on an IAS19 basis in the first half of the yea...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders