Home / Royal Mail / EU regulators clear Royal Mail pension revamp

EU regulators clear Royal Mail pension revamp

BRUSSELS (Reuters) – British state-owned Royal Mail Group won EU regulatory approval on Wednesday for a 1.09 billion pound (1.3 billion euros) cut in its debt as part of a restructuring plan to tackle its pension costs. The European Commission said the revamp included measures that would ensure that Royal Mail would not enjoy an unfair advantage over competitors. …

More: continued here

About admin

Check Also

People in tears over mum’s ‘beautiful’ gesture for daughter with rare condition

A mum’s touching gesture for her daughter, who is courageously fighting a rare and lifelong …

Leave a Reply

Your email address will not be published. Required fields are marked *