Norcros to close pension scheme

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The Independent Online

Johnson Tiles and Triton showers maker Norcros has joined the long list of firms closing their final-salary pension scheme.

The firm is closing its defined-benefit scheme from April next year.

Norcros saw revenues rise just over 9 per cent in the six months to October to £106m, led by sales growth at Johnson Tiles thanks to larger orders from B&Q.