Almost half of all final salary pension schemes will close within five years, a report today predicted.

The hospital, now with fewer than 150 patients, is due to close altogether within five to seven years.

If industry averages hold true, at least two-thirds of those will close or change hands within two years.

It was not well patronised and closed within two years.

But vandalism and lack of use closed it within two years.

However, it was judged a failure, and closed within five years.

Under the grant, both the reactors had to be closed within 15-20 years.

People just refused to shop there, and the store closed within two years.

Without new orders, the 8,500-worker plant there is expected to close within five years.

The bill requires companies with pension funds to close any shortfalls within seven years.