Home / Royal Mail / Royal Mail faces £7bn pension gap (Guardian Unlimited)

Royal Mail faces £7bn pension gap (Guardian Unlimited)

Royal Mail’s pensions ‘black hole’ has more than doubled to some £7bn, placing a ‘ticking timebomb’ under the country’s most cherished state-owned industry. The implications of the soaring pensions deficit are laid bare in a long-awaited assessment of Royal Mail’s operations submitted to ministers in the past few days by Richard Hooper, a former deputy chairman of Ofcom, who is chairing an …

More: continued here

About admin

Check Also

Cyclist Chris Boardman to receive royal honour at Buckingham Palace

Boardman, who was appointed as Active Travel England (ATE) commissioner in June 2022, will be …

Leave a Reply

Your email address will not be published.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