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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Bibliographic Details
Published inSunday telegraph (London, England)
Main Author Atherton, Pamela
Format Newspaper Article
LanguageEnglish
Published London (UK) Daily Telegraph 11.07.2004
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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.
ISSN:0307-269X