Royal Mail predicts record £10bn pension deficit (Guardian Unlimited)

Related Articles

New Royal Mail stamps celebrate 60 years of The Who

55 mins ago

Royal Mail release new set of stamps to mark 60th anniversary of iconic rock band The Who

2 hours ago

Royal Mail celebrating The Who’s 60th anniversary with special stamp set

2 hours ago

• Chief expects to face biggest shortfall in UK corporate history • Royal Mail profits up 4% to £184m in first half of year Royal Mail has a found a £10bn black hole in its retirement postbag – the biggest pension deficit in UK corporate history, its chief executive Adam Crozier confessed today. The size of the bill for payments to former mail staff will easily overtake the pensions deficits …

More: continued here