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BT Group Unveils Fresh Measures to Patch Pension Scheme Deficit

MT Newswires·11/05/2026 03:53:28
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03:53 AM EST, 11/05/2026 (MT Newswires) -- BT Group (BT-A.L) laid out new measures to help reduce the funding deficit at the BT Pension Scheme, according to a Thursday filing. The strategy will involve the advanced payment in fiscal 2027 of scheduled contributions totaling 30 million pounds sterling and an estimated financing of 282 million pounds from the British telecommunications company. The measures are expected to cut the deficit to 300 million pounds, in line with the company's target of full funding for the scheme by 2030.