![STV Group DB deficit drops by nearly £10m in six months](https://image.chitra.live/api/v1/wps/394d8aa/0a7e8a02-5b8a-439b-8557-e07413990645/2/iStock-1452404749-679x419.jpg)
The accounting deficit before tax of STV Group’s two defined benefit (DB) pension schemes decreased from £54.8m to £45.4m in the six months to 30 June 2024, according to its half-year results.
The firm's results – published today (3 September) – revealed the drop was largely driven by an increase in the discount rate following a rise in corporate bond yields and deficit recovery contribu...
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