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Responding to press speculation about possible changes to BT’s pensions, Andy Kerr, Deputy General Secretary, said:

 

“The facts are as follows: We have been in discussions since May over BT’s pension arrangements.  These talks are not linked to the company profit warnings issued last week. The CWU is committed to ensuring the long-term sustainability of BT’s defined benefit pensions, and improving the defined contribution pensions. Negotiations on these issues have been protracted and difficult, but we expect to make a joint announcement on the details of the review next week.”