BT sees March surplus reverse into deficit

By 2009-02-13T15:55:00

BT sees March surplus reverse into deficit

[16:55 CET 13-02] UK – The UK’s largest pension fund has seen its assets shift under IAS19 accounting rules from a technical surplus of over £2bn (€2.16bn) in March 2008 into a deficit of £1.7bn by the end of last year because of the swing corporate bond pricing, according to ...

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