Tata looks to offload £15bn British Steel Pension Scheme



TATA is reportedly trying to get rid of the £15bn British Steel Pension Scheme.
The Sunday Times says the Indian firm is believed to have opened talks with the Pension Protection Fund (PPF) and the Pensions Regulator over a restructuring deal.
The talks "hinge on using a regulated apportionment agreement" according to the Sunday newspaper. This would allow companies to put cash into a pension scheme in return for being allowed to continue trading without those liabilities.
Police continue appeal over stolen van
The £700m hole in the £15bn British Steel pension scheme is seen as... read more

 
10 October 2016 in Yorkshire & Humber, Views: 36
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31