Government floats company pension surpluses as way to boost growth
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The UK government, led by PM Kier Starmer and Chancellor Rachel Reeves, is considering a plan to allow companies to access surpluses in their defined benefit pension schemes. These schemes, mostly closed to new members, have accumulated surpluses due to high interest rates.
January 28, 2025 | 11:30 am
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BT, potentially mentioned in the context of company pension schemes, may be affected by the UK government's plan to allow access to pension surpluses. This could impact BT's financial strategy and growth.
BT, as a company with a defined benefit pension scheme, could be affected by the new plan. Accessing pension surpluses might provide BT with additional financial resources, but the impact on stock price is uncertain without further details.
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