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LONDON (Reuters) - Britain's government said on Thursday it had launched a consultation to overhaul the deficit-laden British Steel Pension Scheme, a major stumbling block for potential buyers of Tata Steel's UK assets. "The consultation includes a full range of options that consider whether and how the scheme could be separated from the existing sponsoring employer and whether it will be necessary to reduce the benefits within the scheme," pensions minister Stephen Crabb said in a written statement to parliament. (Reporting by Andy Bruce; editing by Kate Holton)
Net migration to Britain rose to 333,000 last year, according to the final set of official data to be released before Britons vote in an EU referendum in which the number of new arrivals from Europe has driven much opposition to the bloc. In 2010, Prime Minister David Cameron promised to reduce the annual level to below 100,000 but has failed to keep his pledge, partly due to the number of EU citizens moving to Britain. Net migration from the bloc was estimated to be 184,000 in the year to December, up from 174,000 in 2014, the Office for National Statistics (ONS) said on Thursday.