Log in
Please enter your login details

Skip to main content

On Air
  • LIVE on euronews: European Parliament votes on the new European Commission
  • LIVE on euronews: European Parliament plenary session underway
  • LIVE: euronews correspondent Audrey Tilve speaks to Vivien Perusot, French Institute of International Relations

Business wires

EU court - UK guarantee on BT pension fund is illegal

22/10 12:01 CET

BRUSSELS/LONDON (Reuters) - The British government's guarantee on former state monopoly BT's pension obligations is illegal state aid, Europe's top court said on Wednesday, backing an EU regulatory decision issued five years ago. The European Commission ordered British authorities to recover the aid in 2009 because it gave BT an unfair advantage in breach of state aid rules. BT and BT Pension Scheme Trustees Ltd…


euronews provides breaking news articles from Reuters as a service to its readers, but does not edit the articles it publishes.

Copyright 2014 Thomson Reuters. Click For Restrictions.