Altice ups stake in BT – but ‘does not intend’ to launch takeover bid May 23, 2023 Altice, the French telecoms firm, will up its stake in BT to 24.5 per cent, but it “does not intend” to make a takeover bid. The group owned by billionaire Patrick Drahi is BT’s largest shareholder, and said that it will acquire a further 650m shares, increasing its ownership to 2.5bn. It comes just a [...]
FTSE 100 close: BT and Burberry slump to bottom of London index as easyJet regains ground May 18, 2023 London’s FTSE 100 kicked higher this today, driven by retailers offsetting a sharp sell off in BT shares after it said it will shed 55,000 workers over the next decade. The capital’s premier index jumped 0.25 per cent to 7,742.29 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health [...]
BT share price tumbles as firm announces tens of thousands job cuts May 18, 2023 BT has announced plans to slash its workforce by as much as 42 per cent over the next seven years in a bid to slash costs and become a “leaner business”.
O’Driscoll: Champions Cup double with La Rochelle can make O’Gara as coach May 17, 2023 A La Rochelle victory in the Champions Cup final would be the greatest moment in Ronan O’Gara’s coaching career, says his former Ireland teammate Brian O’Driscoll. O’Gara’s stock has risen monumentally since he took his first role as assistant coach at Parisian side Racing 92 a decade ago. After five years in the French capital, [...]
London brawling: Why the city has become a combat sports capital again May 15, 2023 Wrestling and MMA have followed boxing in staging huge shows in London this summer, cementing the city’s reputation as a leading destination for combat sports’ biggest events. An earthquake hit the world of professional wrestling earlier this month and its epicentre was London. All Elite Wrestling, formed to compete with the all-conquering World Wrestling Entertainment, [...]
Tech philanthropy looking to bring about world peace May 12, 2023 Bundeep Singh Rangar discusses his love of technology and crypto, and how it intertwines with his beliefs in human kindness.
Universal Peace Gala opens on Saturday with Tibetan Lama who believes Bitcoin and blockchain are the keys to world harmony May 10, 2023 The Universal Peace Gala will take place on Saturday May 13 from 6pm at the Beverly Wilshire in Beverly Hills, California.
Wrexham’s promotion: ‘Feelgood fairy tale’ or ‘brand-building exercise that sticks in the craw’? Our writers debate April 25, 2023 Wrexham clinched the National League title at the weekend, securing their promotion to the English Football League two years after being bought by Hollywood actors Ryan Reynolds and Rob McElhenney. But is the story, which has been played out in a reality TV series as well as on the pitches of England and Wales, an [...]
Not funding Sizewell C risks UK’s green ambitions, nuclear industry warns April 24, 2023 The nuclear industry has pushed the environmental benefits of Sizewell C amid reports the project is struggling to lure UK investors.
Millions of low income households are overpaying for their broadband, says Ofcom April 24, 2023 More than half of low-income homes who qualify for cheaper broadband tariffs are missing out on the deals, according to the UK communications regulator. Only 220,000 households were on a social tariffs as of February 2023, meanwhile 53 per cent of people receiving benefit payments were completely unaware of cheaper deals, Ofcom revealed in a [...]