Home / Royal Mail / Tories raise fears of raid on Royal Mail pension fund (Guardian Unlimited)

Tories raise fears of raid on Royal Mail pension fund (Guardian Unlimited)

The Conservatives warned yesterday that the government could be threatening a £22bn raid on Royal Mail’s pension fund. Alan Duncan, the party’s shadow business secretary, said industry sources had suggested the government could take over the pension fund’s assets to allow it to make public borrowing look smaller. But he warned that with the fund’s liabilities expected to rise to up to £8bn …

More: continued here

About admin

Check Also

Brits warned that posting five common items could result in up to £2.5k fine

Thousands of Brits might be breaking UK customs rules each time they mail items without …

Leave a Reply

Your email address will not be published.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