Wed, 21 April, 2021


Reach resumes pension deficit payments

Posted: July 15th, 2020

In a recent wide-ranging financial press report, which included some grim news on job losses at Reach, the company stated: “Delivering for all stakeholder groups: The accelerated strategy and new structure will enable Reach to end the previously announced temporary pay cuts for all colleagues except for the CEO, CFO and other Board members, whose pay will continue to be subject to a 20 per cent reduction. All annual bonus schemes relating to 2020 remain suspended. The company will also resume its monthly contributions towards historic pension deficits following the deferral announced in April. The Reach Board recognises the importance of a dividend to our shareholders and will keep future dividends under review, restarting payments when it is appropriate to do so.”

Latest News

  • Ken Jenour

    Posted: April 16th, 2021

    Former Mirror man Ken Jenour’s daughter Sadie has been in touch to say that he is seriously ill in Northwick Park Hospital …

  • Prince Philip: this takes the biscuit!

    Posted: April 14th, 2021

    By BILL ROWNTREE, former Mirror Group photographer

    I have my own unique and very personal memory of Prince Philip. I am probably the …

  • Annual meetings – and Mirror Pensioner

    Posted: March 21st, 2021

    Here are a couple of reminders, folks. The AMP’s annual general meeting in London and annual meeeting in Glasgow have …

We use cookies to ensure that we give you the best experience on our website.