Mothercare forced to backtrack on pension payments after Covid-19 pressures

Hope William-Smith
clock • 2 min read

Mothercare has negotiated an extension to its scheme contributions schedule with a significant level of deficit expected following the offloading of its UK business last November.

Mothercare's full-year 2019/20 results - published on Friday (25 September) - showed the closure of Mothercare UK last year after 58 years of trading had eliminated around £30m in operating losses ...

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