Further falls in gilt yields push deficits past quarter of a trillion

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Deficits in UK schemes remain stubbornly high as the aggregate shortfall for schemes in the PPF 7800 index rose above £250bn last month.

The latest update of the index shows an increase in the deficit on an s179 basis from £235.7bn at the end of October to £252.2bn by the end of November. S179 measures the ability of schemes to secu...

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