Telecoms billionaire Patrick Drahi today insisted he has no plans to make an offer for BT, despite increasing his stake in the former monopoly from 12.1% to 18%.
The purchase comes just days after Drahi was freed from City takeover rules preventing him from buying more BT shares.
In other developments, the Office for National Statistics said there were no signs in today’s unemployment figures for November to suggest the end of the furlough scheme is being felt in the UK jobs market.
