The size of Marks & Spencer's pension deficit fell over the last six months, despite a change to one of its accounting measures adding around £500m to the retailer's total retirement bill.

The UK group's pension scheme deficit, as represented in its interim financial statement today, decreased from £367m on April 3 to just below £288m on October 2.

M&S pension deficit falls despite £500m accounting extra

The company has been adding money to the scheme in a bid to make assets match liabilities

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