UK’s top companies pour £150bn into pensions in a decade
The UK's100 biggest companies have paid £150bn into their retirement schemes over the last 10 years and yet still have a combined funding deficit of £17bn, according to an extensive report that highlights the growing cost of pension provision. (FN)
Bridgepoint nears deal for Blackstone-backed housebuilder
European buyout house Bridgepoint is understood to be closing on a deal to purchase Blackstone-backed UK housebuilder Miller Homes for £655m. The transaction is valued at 1.3x the target’s assets. (FT)