All the ire at the change in pension strategy by BA should be aimed 100% at incumbent Chancellor. His repeated theft from this country's pension funds and tightening squeeze on taxpayers and pensioners alike to finance this administration's double-speak, broken promises and incompetance cannot be underwritten by the companies without risking even more corporate failures and mass redundancies.
It should be remembered that many more companies than just BA have been and will be forced to abandon final salary schemes by Brown's latest fiscal manoeuvres. Yes the employee ends up suffering (again), but we have already learned that when they say they won't hike tax on income they mean that actually they will.