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Top UK companies’ pension deficits hit £62 billion

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Pension deficits in the UK’s largest companies have hit £62 billion, the highest level since the financial crisis. According to new figures from consultancy firm Barnett Waddington, the combined pensions deficit of the FTSE 350 now accounts for 70 per cent of their profits, and the total figures has risen £12 billion since 2015 as profits remain low for the UK’s publicly-listed companies.

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Top UK companies’ pension deficits hit £62 billion

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