BT wins appeal against £1.3bn class action over 'excessive' pricing

19th Dec 2024 10:57

(Sharecast News) - BT Group has won an appeal against a £1.3bn class action lawsuit alleging the Telecoms operator overcharged millions of customers for fixed telephone lines.

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London close: Stocks weaker as UK unemployment holds steady

17th Dec 2024 14:52

(Sharecast News) - London's stock markets closed lower on Tuesday as fresh UK jobs data signalled a likely pause by the Bank of England in its interest rate policy this week.

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British govt approves Bharti's acquisition of 24.5% BT stake

17th Dec 2024 08:02

(Sharecast News) - The British government has approved Bharti Global's acquisition of a 24.5% stake in telecoms firm BT Group from France's Altice.

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Sunday newspaper round-up: Al-Assad, Argentina, Aviva

8th Dec 2024 13:54

(Sharecast News) - Syrian President Bashar al-Assad's regime appeared to collapse on Sunday morning, after rebels entered the capital Damascus. Assad's whereabouts are not clear but Moscow or Tehran are possibilities. One source told Reuters that Assad's plane disappeared off the radar when it was headed towards the country's coastal region. It made an abrupt turn before vanishing from the map. The pilot may have turned off the transponder but it's more likely that it was shot down. - Sunday Times

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London close: Stocks still positive after US inflation reading

27th Nov 2024 15:06

(Sharecast News) - London markets posted modest gains on Wednesday, following a key US inflation reading that showed relative stability in price rises in October.

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BT Group's Marc Allera to step down

27th Nov 2024 10:59

(Sharecast News) - Telecommunications giant BT Group revealed on Wednesday that Marc Allera will step down as chief executive of its consumer division.

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London close: Stocks mixed ahead of UK inflation, Nvidia results

19th Nov 2024 16:47

(Sharecast News) - London's equity markets closed with a mixed performance on Tuesday, as investors remained cautious ahead of the latest UK inflation data and closely watched US corporate earnings from Nvidia.

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BT Group gains as Bharti completes acquisition of 24.5% stake

19th Nov 2024 11:47

(Sharecast News) - BT Group gained on Tuesday after India's Bharti Global completed the acquisition of a 24.5% stake in the telecoms company from France's Altice.

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BT lowers FY revenue guidance

7th Nov 2024 09:11

(Sharecast News) - Telecommunications giant BT downgraded its full-year revenue guidance on Thursday, pointing to both its non-UK operations and a "competitive retail environment" as the cause.

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BT said to explore sale of Radianz unit

28th Oct 2024 07:37

(Sharecast News) - BT Group is reportedly working with investment bankers on a possible sale of its Radianz unit as part of chief executive Allison Kirkby's plan to simplify the UK telecoms group.

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BT sets up new fund to boost apprenticeships across England

23rd Sep 2024 07:30

(Sharecast News) - BT is investing £4m of its apprenticeship levy reserves to launch a new Apprenticeship Fund, designed to support SMEs, charities and public-sector organisations across England.

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Mexican billionaire Carlos Slim ups stake in BT Group

3rd Sep 2024 10:40

(Sharecast News) - Mexican billionaire Carlos Slim has increased his stake in BT Group, it emerged on Tuesday.

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London close: Stocks manage gains ahead of Fed minutes

21st Aug 2024 15:01

(Sharecast News) - London's stock markets ended Wednesday on a positive note amid a robust performance from the mining sector, as investors digested a US nonfarm payrolls revision and UK borrowing figures.

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JPMorgan stays positive on BT, downplays Sky deal with CityFibre

21st Aug 2024 08:22

(Sharecast News) - JPMorgan has reiterated its 'outperform' rating on BT Group despite competition concerns hitting the stock following the announcement that Sky has signed a wholesale deal with CityFibre.

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London close: Stocks finish lower as oil prices retreat

20th Aug 2024 15:33

(Sharecast News) - London's stock markets ended the day in negative territory on Tuesday, pressured by declines in energy stocks as oil prices fell.

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