BAA were asked - Will this quarantee the Final Salary Scheme for existing staff?
Answer - No.
Company now claiming fund is in the red, however this is due to them not making any contributions for 8 years!
Add this to the break up we are all expecting, cuts being made in the wrong departments (Plan, Do, Review - They planned it, did it, now they have reviewed it and thought "Oh s***").
Add that to the new Recruitment and Training Centre at STN, which is obviously there to replace the Management Training Centre at Pease Pottage for when LGW is sold off...
Well done to the Board, keep up the denials!
LCY - We welcome you!