British Airways Pensions Fund about turn reported by Private Eye



Posted by Alan Murphy on 01 November 2000 at 23:58:41:

The current edition of "Private Eye" (3rd November, umber 1014) contains an item about the British Airways pension fund. Here is a short quote:

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Then on 20 October the trustees met, reinforced by Mike Post. Unanimously they decided to do a smart about-turn. Previously they had all been in favour of the merger. Now they were all against it. "The trustees," said a statement, "will now be notifying BA that they do not consider it appropriate to proceed with the merger."
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