Johnston Press slashes pension deficit by more than half

Kristian Brunt-Seymour
clock • 1 min read

Johnston Press has reduced the deficit of its defined benefit (DB) scheme by £53m following a pension study and changes to its scheme rules.

The regional newspaper publisher announced yesterday that the deficit which stood at £90m a year ago was expected to fall by around £50m as of 2 January 2016, as a result of a study assessing the s...

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