Ofcom proposes ban on inflation-linked price rises
12th Dec 2023 08:48
(Sharecast News) - Telecom firms were in the red on Tuesday, as the sector's regulator proposed a ban on inflation-linked mid-contract price rises.
Read moreLondon close: Stocks mixed as investors mull fresh data
5th Dec 2023 15:26
(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.
Read moreBT Group not planning to make offer for MusicMagpie
27th Nov 2023 13:30
(Sharecast News) - BT Group said on Monday that it is not planning to make an offer for MusicMagpie.
Read moreLondon close: Stocks mixed ahead of Autumn Statement
20th Nov 2023 14:59
(Sharecast News) - London's stock markets saw a mixed performance at the close of trading on Monday, with Ashtead and Compass among the leading losers.
Read moreLondon close: Stocks rise as BoE keeps rates steady
2nd Nov 2023 15:12
(Sharecast News) - London's stock markets ended the day on a positive note on Thursday, following the Bank of England's decision to maintain interest rates as markets widely expected.
Read moreBT upbeat on full-year prospects after first half growth
2nd Nov 2023 07:28
(Sharecast News) - BT Group said on Thursday that it was now expecting a full-year turnout at the top end of its guidance range after recording growth in revenue and earnings in the first half.
Read moreBroker tips: BAE Systems, BT, Future
2nd Oct 2023 13:06
(Sharecast News) - Berenberg upgraded defence contractor BAE Systems on Monday to 'buy' from 'hold' and lifted the price target to 1,170p from 1,050p.
Read moreBerenberg gives five reasons not to invest in BT
2nd Oct 2023 09:02
(Sharecast News) - Berenberg has slashed its target price for telecoms giant BT by 10% and reiterated its 'hold' stance, highlighting five key reasons why investors should not invest just quite yet.
Read moreDirector dealings: BT non-exec, Aquila Services chair buy shares
25th Aug 2023 11:16
(Sharecast News) - BT Group was on the list of director purchases on Friday, after a non-executive director picked up almost $0.1m worth of shares.
Read moreBT Group appoints Allison Kirkby as CEO
31st Jul 2023 07:45
(Sharecast News) - BT Group said on Monday that it has appointed Allison Kirkby as chief executive, succeeding Philip Jansen around the end of January 2024 at the latest.
Read moreBT Group backs full-year guidance as Q1 core earnings rise
27th Jul 2023 07:41
(Sharecast News) - BT Group backed its guidance for 2024 on Thursday as it posted a rise in first-quarter core earnings.
Read moreJansen to step down from BT amid takeover rumours
10th Jul 2023 07:08
(Sharecast News) - BT Group announced on Monday that its chief executive Philip Jansen had decided to step down from his position in the next 12 months, after spending four-and-a-half years in the role.
Read moreSunday newspaper round-up: BT Group, Aston Martin, MPs
9th Jul 2023 22:41
(Sharecast News) - BT has intensified its preparations to see off a possible takeover bid by its major shareholder Deutsche Telekom. For months now, the telecoms services provider had been working with Robey Warshaw and Goldman Sachs to prepare against such a scenario. Speculation in that regard was reaching a crescendo both in the City and within the sector, due to BT's need to invest £15bn in its new fibre-optic broadband network and multiple potentially destabilising factors. - The Sunday Telegraph
Read moreUBS downgrades BT Group to 'sell', shares slide
27th Jun 2023 09:43
(Sharecast News) - BT Group tumbled on Tuesday after UBS downgraded the shares to 'sell' from 'neutral' and cut the price target to 120p from 146p, as it assumed a halving of the dividend amid free cash flow pressures.
Read moreSunday newspaper round-up: Drinkflation, Bank of England, BT Group
18th Jun 2023 18:38
(Sharecast News) - Brewers have cut the levels of alcohol in many beers and lagers, saving millions of pounds in tax in the process. But they haven't cut prices for consumers. Food giants and grocers have done the same through stealthy reductions in package sizes and portions. Critics however hold that so-called drinkflation is the more insidious of the two, as bottle and cans stay the same size and hold the same amount of liquid. In the case of Foster's, which is sold by Heineken in the UK, alcohol by volume has been reduced from 4.0% earlier in 2023 to only 3.7%. - Financial Mail on Sunday
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