Trinity Mirror dismisses pension funding fears

Trinity Mirror has announced that it will not have to make any changes to its pensions contributions despite fears of liquidity.

Responding to national press headlines that Trinity Mirror has a shortfall in its pension scheme due to economic hardship, the newspaper group issued a statement saying:†”There are no liquidity issues with any of our pension schemes and deficits continue to be funded in accordance issues agreed with the trustees of the various pension schemes.

“The company does not expect any increase in pension contributions during 2008 beyond those already agreed.”

The company also will release an update on the situation of its pension schemes in its trading update at the end of the month.