Royal Mail gets £1.75bn pension rescue

The Royal Mail pension scheme has received a cash injection from the UK government of £1.75bn (€2.5bn), while the BT pension fund deficit has been slashed by £1.8bn since last year.

Royal Mail has been granted £1.75bn in cash from the government to help plug its pension deficit of £5.6bn and improve the postal service.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It