Blyth pensioners face 40 per cent cut
This is believed to be the first time that pensioners have had their income slashed in this way. Blyth & Blyth announced in December 2002 that it would wind up its pounds 13m pension scheme, leaving it with a pounds 7m deficit.
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Published in | Sunday telegraph (London, England) |
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Main Author | |
Format | Newspaper Article |
Language | English |
Published |
London (UK)
Daily Telegraph
11.07.2004
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Online Access | Get full text |
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Summary: | This is believed to be the first time that pensioners have had their income slashed in this way. Blyth & Blyth announced in December 2002 that it would wind up its pounds 13m pension scheme, leaving it with a pounds 7m deficit. |
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ISSN: | 0307-269X |