BT loses battle on £17m PPF levy exemption

clock

BT has lost its fight to hold onto a partial exemption from paying the Pension Protection Fund (PPF) levy.

In the latest stage of a long-running dispute the European Court of Justice (ECJ) today rejected the firm's appeal against an earlier ruling that the exemption amounted to state aid. The telecom...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

FCA private markets review raises valuation concerns

FCA private markets review raises valuation concerns

Regulator calls for improvements across several areas in process

Laura Miller
clock 05 March 2025 • 4 min read
SPP: Government must move forward with adequacy review

SPP: Government must move forward with adequacy review

Sophia Singleton says we need the review in order to be honest with savers about what lies ahead

Sophia Singleton
clock 17 February 2025 • 3 min read
ICAEW issues guidance for accountants and auditors following Virgin Media ruling

ICAEW issues guidance for accountants and auditors following Virgin Media ruling

Professional body says auditors must consider the impact of the ruling

Jonathan Stapleton
clock 14 February 2025 • 2 min read
Trustpilot