Legal challenge over retail price index changes could cost taxpayer $40bn, analysts warn June 21, 2022 The government could be forced to fork out as much as £40bn in compensation if a legal challenge launched today over the Treasury’s move to recalculate retail prices succeeds, analysts have warned.
Chief of BT’s Openreach blames Brexit for hindering superfast broadband rollout June 14, 2022 Chief exec of BT's Openreach has said the UK's ability to roll out superfast broadband has become increasingly difficult because of “tortuous” recruitment hurdles as a result of Brexit.
BT heads for top-line growth thanks to impending price rises May 20, 2022 Berenberg has estimated that BT will return to top-line growth thanks to inflation-induced price rises.
BT’s Warner tie-up screams streaming opportunity for investors May 12, 2022 BT confirmed its new sports joint venture with Warner Bros Discovery for the UK and Ireland this morning, shifting focus away from its mediocre results and onto a brighter future.
BT teams up with Warner Bros for new sports venture in UK and Ireland May 12, 2022 BT Group has agreed to form a new sports joint venture with Warner Bros Discovery in the UK and Ireland. The telecoms giant confirmed the deal as it also reported that trading is “on the right track” despite a dip in revenues for the past year. In February, BT said it was in exclusive negotiations [...]
It’s wait and see for investors ahead of BT results this week May 9, 2022 Analysts in the City will be waiting nervously to see whether the cost-of-living crisis has seen an exodus in subscribers from telecoms giant BT when the company reveals its results on Thursday. US streaming rival Netflix said recently its own subscriber base had suffered as households cut back and investors in BT are hoping similar [...]
Battle of the telcos: BT fails to block Virgin Media’s title as fastest broadband May 4, 2022 BT has failed in its bid to stop Virgin Media from claiming to be the faster broadband provider this morning as the battle of the telcos rages on. The world’s oldest telecommunications firm put in a complaint to the advertising watchdog about Virgin Media claiming to be the “UK’s fastest major broadband provider” in a TV ad and on its website. [...]
Workers to stage walkouts over ‘dismal’ pay offers April 8, 2022 Thousands of UK workers are set to stage walkouts over the next few days over below-inflation pay offers. The Communication Workers Union (CWU) yesterday rejected BT’s 5 per cent pay rise – the highest in more than 20 years – calling it a “nothing short of an insult,” the Times first reported. “We have no [...]
Unions reject BT’s largest pay rise in two decades April 7, 2022 Telecom giant BT said it will award all BT, Openreach, Plusnet and EE frontline workers a £1,500 consolidated pay increase, marking the highest pay award for employees in more than 20 years.
Dorries urges broadband firms to publicise social tariffs, as 84 per cent on benefits unaware they exist April 5, 2022 Nadine Dorries has written to key internet providers urging them to raise awareness of discounted broadband offers for those on universal credit and benefits. She urged firms included BT and Virgin Media to publicise schemes because they have ‘low uptake’, with 84 per cent of those on benefits reportedly unaware they exist. Discounted social tariff [...]