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Eight months ago the Worcester-based company, Faithful Workwear, which was owned by former Tory cabinet minister Stephen Dorrell MP and made industrial clothing, went into so-called "pre-pack administration." The assets were sold to a new business trading under a new name but without the pension liability of the old business. Now instead of the firm's pensioners living a well earned retirement, after contributing for years to a pension fund, they are set to lose 30 to 40% of their pension.