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The Latest Breaking News from BT Group

FTSE 100 surges to record high as UK inflation cools

The FTSE 100 index closed up 130.01 points, 1.2%, at 10,686.18.

Evening Standard

3 European Stocks Built to Shrug Off Tariffs

The new year has started with new Trump tariff threats, this time on EU imports. Here are 3 European companies that would be largely immune to such tariffs.

MarketBeat

BT ‘considering low-cost mobile brand’ as Revolut and Monzo plan launches

Move into budget market could involve creating new brand in-house or buying virtual network operator

The Guardian - UK

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Proposed changes to business rates ‘risk slowdown’ in investment, warns BT

BT’s finance chief said expected changes at next month’s Budget could cost infrastructure firms an extra £400 million each year.

Evening Standard

BT unveils promise of a major 5G upgrade across the UK

BT Group promises that 99% of the UK population will have access to 5G SA by 2030.

TechRadar

BT shares slip after Indian billionaire Mittal takes board seats

The company’s shares fell by around 3% as shareholders took the move as a signal that Sunil Bharti Mittal will increase his influence on the firm.

Evening Standard

British Telecom Giant BT Announced 55,000 Job Cuts by 2030 — Now Even More Could Go Due to AI

BT CEO Allison Kirkby warned that AI advancements could lead to further job cuts beyond the 55,000 already planned by 2030.

International Business Times UK

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Openreach declares aim to accelerate UK high-speed broadband rollout

Openreach says it'll have 25 million customers on its full fibre network by December 2026, and 30 million by 2030.

TechRadar

Queens of influence: Meet the women shaping Europe's future

In its 28th year, the annual MPW list recognizes 100 women leading major global companies. This year, 21 listees are at the helm of European companies.

Fortune

BT to recruit more than 600 apprentices and graduates

Cyber security and software engineering will be among the places available.

Evening Standard

BT axes EV charger scheme after installing just one out of 60,000

Telecoms company hoped to convert roadside cabinets into charge points but will now shut down its sole installation

The Guardian - UK

3,500 electric vehicles ordered by BT

The purchase is the UK’s largest ever commercial electric vehicle fleet order, said the telecoms giant.

Evening Standard

'We Stopped Hiring!': FinTech CEO Reveals How AI Replaced Hundreds of Employees in a Year

Klarna has embraced AI, which has resulted in job cuts. Other tech giants, such as Google, IBM, and BT Group, have also adopted AI, reducing their workforces.

International Business Times UK

BT Group says it was forced to take some servers offline following ransomware attack

Black Basta targeted one of its business divisions, but the company claims it wasn't serious.

TechRadar

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The Independent UK

EE warns Christmas shoppers over rising threat of scams

The mobile operator has urged consumers to be cautious and vigilant as they shop during the festive period.

Evening Standard

BT slashes sales outlook and axes another 2,000 jobs in ongoing overhaul

The group reported a 10% drop in pre-tax profits to £967 million for the six months to September 30 as revenues fell 3%.

Evening Standard

FTSE 100 Live 07 November: Interest rates set to fall, BT and ITV shares under pressure

Interest rate decisions and a packed diary of corporate results mean another hectic session in financial markets.

Evening Standard

FTSE 100 Live 04 November: Index rises ahead of election and rate decisions, Ryanair profit falls

Investors are braced for volatility as they await the outcome of the US election and this week’s meetings of the Bank of England and Federal Reserve.

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TechRadar

Building dynamic energy consumption into modern telecoms networks

The future focus of telecoms energy consumption will be to ensure networks are energy-efficient and scalable.

The Guardian - UK

India’s Bharti to buy 24.5% BT stake from Patrick Drahi’s Altice

Embattled French tycoon to raise funds through deal with billionaire Sunil Bharti Mittal’s conglomerate

International Business Times UK

Who Is Carlos Slim: Ex-Richest Man In The World and Mexican Billionaire Buys 3.2% Stake In BT Group

Slim's investment appears to have encouraged investors, providing the company with a boost as the company's shares rose 4%.

Evening Standard

New BT boss pledges to put 'Britain first' as she ups dividend to investors

New BT boss Allison Kirkby today set out plans to make the telecom giant a “Britain first” business as she pledged to sell off some parts of the global company and up the dividend to long-suffering shareholders.

The Hindu

Going To School and BT Group organise Match Day 2024 in Bengaluru

Going to School, a not-for-profit trust, in partnership with the Government of Karnataka and BT Group, recently organised ‘Match Day 2024’ to celebrate the power of sport to equip girls with digital and life skills to succeed in life and solve for the biggest challenge of our time, Climate Change.

International Business Times UK

Microsoft's AI Fights Phone Scams, Puts You in Control

Cybercriminals trick you into sharing your sensitive data like bank details and credit card numbers to make unauthorised purchases or steal your money.

International Business Times

London's Iconic BT Tower Sold To Become Hotel

British telecoms giant BT Group announced Tuesday the sale of its famous BT Tower and that the building located in the heart of London will be transformed into a hotel.

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