Source · Select Committees · Business, Innovation, Science and Trade Committee
Recommendation 1
1
Paragraph: 16
The Scheme’s Trustees had little choice but to accept the Government’s proposal to divide future...
Conclusion
The Scheme’s Trustees had little choice but to accept the Government’s proposal to divide future surpluses on a 50:50 basis, as a condition of securing the Government’s guarantee during the negotiations in 1994.
Paragraph Reference:
16
Government Response
A response document is linked to this report, dated 5 July 2021. Response attribution to this conclusion has not been verified. Read the response document ↗