....and all done & dusted!
... apart from the retirement age being at an unacceptable 65, the pensionable pay unacceptably capped to RPI inflation, the unfair sharing of future life expectancy changes of 75/25 (not in the employees favour) and the particularly unacceptable "pension in payment cap" of 2.5%.
So BA can only afford £500m and can't afford to make any extra annual payments? They said.
Did anyone honestly believe that? -
post below if you did so we can say I told you so.....
Well they've suddenly found an extra £300m plus an extra £50m per year for the next three years. What's the betting they can find a bit more if they really try?