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Tata Steel has a £485 million problem hanging around its neck which the government is trying to remove

Business & Finance : Business Insider: Clusterstock

The government is reportedly looking to ringfence the estimated £15 billion pension plan of collapsed Tata Steel in a bid to make it more attractive to potential buyers. Britain's Business Secretary Sajid Javid is holding top secret...

Tata Steel's 50,000 future pensioners are stuck between a rock and a hard place

Business & Finance : Business Insider: Clusterstock

It looks like future Tata Steel pensioners will likely face a cut to their payouts regardless of what happens to the struggling steel business. Members of the underfunded scheme are facing two options: Move from being pegged to the ...

Tata softens pension stance

Business & Finance : Business Report

Tata Steel, which was in the middle of a dispute with UK trade unions about proposed changes to its pension plan, had softened its stance, television channel CNBC TV18 reported yesterday, citing unnamed sources. ||| TATA Steel, whic...

Pension fund deficits not only at Tata Steel

Business & Finance : Business Report

London - More UK companies are expected to adjust capital or cut dividends to fill growing holes in final salary pension schemes this year. The discovery of huge pension deficits at Tata Steel and collapsed retailer BHS in 2016 caus...

Potential UK steel buyers baulk at pension liabilities

Business & Finance : Business Report

Tata Steel's pension liabilities are putting off buyers for its British steelmaking operation. ||| London - Tata Steel's pension liabilities are putting off buyers for its British steelmaking operation, Business Secretary Sajid Javi...

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