Risk-free rates add £160bn to UK deficits

By 2009-01-23T15:10:00

[16:10 CET 23-01] UK – A move to a risk-free rate of accounting as proposed by the UK accounting standards board (ASB) would add over £160bn (€170bn) to UK deficits of the Aon200 companies alone, Aon’s Marcus Hurd has warned.

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