Wednesday, March 15, 2006 

BBC NEWS | England | West Midlands | Jobs threat after pension failure A manufacturing firm employing 450 people has called in receivers after failing to reach a settlement over its pension fund deficit. The Armstrong Group said it inherited a debt of £36m and for the past two years has been in negotiations with the trustee of its pension fund. The firm said it was unable to pay the amount but had tried to avoid insolvency and protect jobs.
posted by Johnny  @ 9:03 PM 0 comments


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