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UK's post deal should have pension bosses drooling
Reuters Blogs (blog) The Royal Mail is getting rid of future liabilities with an estimated present value of nearly 38 billion pounds at a cost of only 28 billion pounds – the value of the assets in its pension fund. In a neat sleight of hand, the UK government also seems … Markets rally after Royal Mail scheme gilt cancellation news Royal Mail pension bailout clears way for sell off BUDGET 2012: ROYAL MAIL |
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