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U.K. Companies Least Able to Pay Pensions Since 2009 Recession

Some of Britain’s top companies are the least able to meet their pension obligations since the 2009 recession, according to PricewaterhouseCoopers LLP.

The biggest pressure on FTSE 350 companies’ pension deficits is rising liabilities caused by a drop in gilt yields, PwC said in a report Monday. Despite gains in the stock market, the relative support that companies provide to their defined-benefit schemes has weakened sharply, the accountancy firm said.