The Treasury's announcement that it borrowed a further £4.3bn last month was unexpected to say the least.
Hymans Robertson, the actuarial consultancy, has urged the Accounting Standards Board (ASB) to reconsider changes to its international pension accounting rules.
Pensions reporting under International Financial Reporting Standards should be explained more simply with more disclosure of the uncertainties around accounting estimates.
Companies in the FTSE 100 are on track to clear their pension deficits by 2012, claims Lane Clark & Peacock.