ET,
ET's Area of concern:
Pension Scheme Assets £1.97 billion
Pension Scheme Liabilities £1.87 billion
Net liability of £30 million (£30,000,000)
GPG has total assets of £2,178 million (£2,178,000,000)
So the area of concern covers less than 1% of GPG's assets.
You should know that most of the employees whom the pension liability relates are in Coates whose profit was $118. So GPG has a liability due over 20 years and the operating company makes more than twice the profit of the liabity your complaining about.
Do you take the time to read what you publish?
ET,ET's Area of concern:Pension Scheme Assets £1.97 billion...
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