UK budget hit adds to pressure on BT's CEO to lift profit
6 days ago · Shares fall 7%. LONDON, Nov 7 (Reuters) - BT (BT.L) will have to find 100 million pounds next year to offset tax increases, adding to the pressure on Chief Executive Allison Kirkby to grow ...
BT cuts 2,000 jobs in cost-slashing plan and it says it's ... - MSN
Telecoms giant BT has cut 2,000 jobs, expanded its 5G network and invested in full-fibre as part of its cost-slashing plan. The group reported a 10% drop in pre-tax profits to £967 million for ...
BT slashes sales outlook and axes another 2,000 jobs in ongoing …
6 days ago · BTGOF. Telecoms giant BT has cut its annual sales outlook and revealed another 2,000 jobs have gone under its ongoing plan to slash costs. The group reported a 10% drop in pre-tax profits to £967 million for the six months to September 30 as revenues fell 3% to £10.1 billion amid a “competitive retail environment”.
At 30 September 2024, the fair value of listed bonds was £18,146m (31 March 2024: £17,820m) and the carrying value was £18,206m (31 March 2024: £17,994m). The fair value of the following financial assets and liabilities approximate to their carrying amount: Cash …
BT Group Newsroom
BT Group (‘the Company’) has announced a number of changes to its Strategy and Change (S&C) …. BT Group’s Digital Unit launches ‘GenAI Gateway’ platform, powered by AWS, accelerating the company’s safe adoption of generative AI at scale.
BT’s CEO says she ‘loves to squeeze’ short sellers while unveiling …
May 16, 2024 · BT’s new chief executive Allison Kirkby said “I always love to squeeze the shorts . . . and prove them wrong” as she laid out her plans to turn around the UK telecoms group, sending shares ...
Big question for BT after Indian billionaire snaps up stake
Aug 12, 2024 · BT Group has swapped one billionaire shareholder for another. Sunil Bharti Mittal, the Indian billionaire, has announced his conglomerate Bharti Enterprises has bought the 24.5% stake in BT previously owned by the French billionaire Patrick Drahi.
BT Group (BT.A) Shares Price & Latest News - BBC News
Jun 17, 2024 · BT fined millions for failing to connect 999 calls. The telecoms firm was found to be ill-prepared after an IT error affected "life and death" services. Business. 18 Jun 2024.
BT Group - BBC News
Jun 17, 2024 · 21 Mar 2024. Plans to boost resilience of 999 system announced. Proposals follow chaotic scenes in June 2023 when people could not connect to emergency services. Technology. 18 Mar 2024. BT fined...
BT reports rising earnings as Allison Kirkby takes helm - Financial Times
Feb 1, 2024 · BT has reported better than expected quarterly sales on Allison Kirkby’s first day as chief executive but warned that the telecoms group would continue to lose broadband customers this year.
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