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Top News In ஸ்காட்டிஷ் வரையறுக்கப்பட்டவை கூட்டு Today - Breaking & Trending Today

MARKS AND SPENCER : FULL YEAR RESULTS FOR 52 WEEKS ENDED 3 APRIL 2021

NEVER THE SAME AGAIN - FORGING A RESHAPED M&S

2020/21 is a 53-week year. The comparative period is 52 weeks to 28 March 2020. To aid understanding, we are showing the. | May 26, 2021 ....

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BTPS announces 10-year deficit repair plan following triennial valuation

By Venilia Amorim2021-05-13T15:59:00+01:00
The BT Pension Scheme (BTPS) has published a plan to plug its £7.98bn (€9.3bn) deficit over the next 10 years, following its latest triennial valuation as of 30 June 2020.
The plan sponsor, BT, and the scheme’s trustees had agreed on a “pension valuation that provides an enduring solution for BT and the BTPS, enabling BT’s transformation and investment programmes and helping to protect the BTPS as it progresses towards a low risk long term investment strategy”, the scheme said.
The deficit repair plan was set in two parts:
£2bn of deficit to be met through an asset-backed funding (ABF) arrangement over 13 years with annual cash payments of £180m pa, secured against BT’s EE business; ....

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Edinburgh registered firm linked to Czech Covid controversy

A company registered in Edinburgh has been linked to a firm in the Czech Republic embroiled in controversy over a government contract to deliver millions of Covid-19 tests for school children.
A former subsidiary of Tardigrad International LP has been asked to supply 3.6 million tests to Czech children ahead of them returning to school on 1 March, 2021.
Tardigrad International, now dissolved, registered as a Scottish Limited Partnership in 2016. It has been named in an official Czech government document after its former subsidiary Tardigrad International Consulting won a contract for Covid-19 tests.
It beat eight firms to win the Czech contract.
But Czech media reported it has no financial statements and a share capital of 1,000 CZK, equivalent to just £33. ....

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