U.K. Pension Deficit Narrows In July: Pension Protection Fund

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U.K.'s pension deficit narrowed to GBP 158 billion at the end of July from GBP 200 billion at the end of June, the Pension Protection Fund said Tuesday. However, the deficit is worse than the GBP 18.8 billion shortfall recorded in the previous year.

The figures from the PPF cover 7,400 pension schemes.

U.K.'s pension deficit narrowed to GBP 158 billion at the end of July from GBP 200 billion at the end of June, the Pension Protection Fund said Tuesday. However, the deficit is worse than the GBP 18.8 billion shortfall recorded in the previous year. (Market News Provided by RTTNews)