Pension shortfall at P&O Ferries could sink company

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Ballooning pension shortfall could leave P&O Ferries struggling to stay afloat

The company's accounts warned that an increase in its pension liabilities and 'unprecedented levels of uncertainty' due to a possible No Deal Brexit could threaten the firm's future. KPMG auditor Tom Eve said his report did not 'guarantee that the company will continue in operation'.

 

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