Sentences with phrase «substantial pensions deficit»

Although PCS has a substantial pensions deficit, its immediate solvency isn't threatened and questions have been raised by many members as to the benefits of subsuming their union into Unite.

This follows various high profile insolvencies and financial problems with companies with substantial pension deficits - Nortel Networks, Lehman Brothers, BHS - amongst others.

Not exact matches

Advised on the acquisition of a manufacturing conglomerate across multiple jurisdictions, including informing or consulting employee representatives, dealing with a substantial defined benefit pension scheme deficit, and negotiating new service agreements for the board of directors

Because of the large deficit in the Halcrow pension scheme this would have led to Halcrow UK's insolvency and the loss of its substantial UK business as well as job losses.