Markets: BT helps FTSE power ahead as pound sterling slips November 5, 2021 The FTSE 100 was sitting in the afterglow of the Bank of England’s rate call and was also boosted by BT group this morning, pushing it up 0.4 per cent to 7,304. The FTSE 250 meanwhile was also up 0.4 per cent to 23,564. Pound sterling fell further against the US dollar, down to $1.346 [...]
BT hits cost savings target 18 months early November 1, 2021 BT said this morning it had delivered on its cost saving programme 18 months ahead of a March 2023 target, driving its shares up 6%.
London markets climb as Staley steps aside after FCA Epstein probe November 1, 2021 London markets climbed during the opening session of November as Barclays chief Jes Staley stepped down after UK regulators showed the bank preliminary findings of its investigation into his ties with disgraced financier Jeffrey Epstein. The capital’s FTSE 100 premier index advanced 0.60 per cent to hit 7,280.97 points, while the mid-cap FTSE 250 climbed [...]
Why sport is playing against the clock when it comes to the climate crisis October 26, 2021 It is becoming increasingly apparent that the climate crisis touches everything and sport – often played outdoors and shaped by the weather – is, not surprisingly, no exception. Winter sports are in serious trouble. Alpine glaciers and skiing seasons are rapidly shrinking. Not a single event on last year’s biathlon circuit could proceed without using [...]
Broadband gloves are off: Virgin Media O2’s £31bn post-merger data war with BT’s EE has begun October 20, 2021 Virgin Media O2 has kicked off its expected broadband and mobile data battle with British Telecom, with analysts welcoming the increased competition. Customers of both Virgin Media and O2 will see their pay monthly mobile data allowance to be doubled, while broadband speeds will be upgraded to the next available tier, free of charge. It [...]
BT takes £600m landline charges case to the Court of Appeal October 19, 2021 BT will continue to defend itself against the claim of overcharging customers by taking the tribunal ruling to the Court of Appeal.
Virgin Media O2 takes on BT as £31bn merged entity rolls out first joint product October 18, 2021 Customers of both Virgin Media and O2 can expect their pay monthly mobile data allowance to be doubled, while broadband speeds will be upgraded to the next available tier, free of charge, the company said this morning. It is Virgin Media O2’s first joint product since the two company’s £31bn merger earlier this year to [...]
Virgin Media O2 takes on BT as £31bn merged entity rolls out first joint product – CityAM : CityAM October 18, 2021 Customers of both Virgin Media and O2 can expect their pay monthly mobile data allowance to be doubled, while broadband speeds will be upgraded to the next available tier, free of charge, the company said this morning. It is Virgin Media O2’s first joint product since the two company’s £31bn merger earlier this year to [...]
Come dine with me: Johnson to host dinner for business leaders October 16, 2021 Prime Minister Boris Johnson is expected to host a dinner with some of the business world’s leading players – including Bill Gates and JP Morgan’s chief executive Jamie Dimon – reported the Telegraph. Invited to Downing Street, the 20 business leaders will be joined by the Prime Minister and the foreign secretary Liz Truss for [...]
Full fibre broadband is the next gold rush to get Britain connected October 14, 2021 There is a gold rush taking place in the UK right now. Private equity barons and telecoms cowboys are pouring money into BT Openreach challengers. Last month Abu Dhabi’s Mubadala Investment Company and the IKEA holding company Intergogo injected over £1bn in CityFibre. It was the largest single round of funding into a UK full [...]