BT Group slides as CityFibre strikes deal with Sky
20th Aug 2024 09:26
(Sharecast News) - BT Group slumped on Tuesday after competitor CityFibre announced a long-term broadband partnership with Sky.
Read moreBT Group welcomes Bharti Global's purchase of Altice's stake in carrier
12th Aug 2024 07:15
(Sharecast News) - BT Group welcomed news that Bharti Global had acquired Altice UK's 24.5% stake in the telecoms carrier.
Read moreSunday newspaper round-up: Taxes, BT, Taylor Swift
11th Aug 2024 10:59
(Sharecast News) - The Chancellor has ordered cabinet ministers to search for cost-cutting reforms and to gird themselves for difficult choices over government spending. It is understood that Rachel Reeves still requires £16bn to close an estimated £22bn financing gap. Taxes on capital gains, pension contributions relief and inheritances are all being considered as possible avenues to raise funds. The Chancellor however does not dismiss the possibility of tweaks to fiscal rules that would allow her to invest slightly more. - Guardian
Read moreLondon close: Stocks mixed on tsunami of updates, US GDP data
25th Jul 2024 15:27
(Sharecast News) - London stocks closed with mixed results on Thursday as investors processed faster-than-anticipated economic growth in the United States, following a heavy flow of corporate announcements earlier in the day.
Read moreBT maintains outlook despite Q1 revenue decline
25th Jul 2024 07:08
(Sharecast News) - BT has reiterated full-year targets after a "solid start" to the year, with strong growth in fibre and customer numbers, though revenues were held back by a weaker performance in the business division.
Read moreLondon close: Stocks rise on China rate cut, Biden withdrawal
22nd Jul 2024 15:21
(Sharecast News) - London's stock markets ended Monday on a positive note, buoyed by a surprise interest-rate cut from China and significant political news from the United States.
Read moreOfcom halts inflation-linked mid-contract price rises
19th Jul 2024 10:14
(Sharecast News) - Telecoms providers are to be banned from putting up prices linked to inflation mid-contract, the regulator confirmed on Friday.
Read moreSunday newspaper round-up: Britvic, Prices of UK homes, BT Group
30th Jun 2024 10:54
(Sharecast News) - Aviva, one of the ten largest shareholders in Britvic, thinks that Carlsberg needs to raise its takeover offer. During the preceding week, Britvic had let it be known that it had already rebuffed two acquisition offers from the Danish brewer, the highest of which had been for £3.1bn. In particular, Aviva said that Carlsberg was not taking sufficiently into account how Britvic's finances were expected to improve over the next few years. - The Financial Mail on Sunday
Read moreLondon close: Stocks fall amid French political concerns
14th Jun 2024 15:36
(Sharecast News) - London stocks were still in the red by the close on Friday, mirroring a broader European selloff driven by political uncertainty in France.
Read moreLondon close: Stocks fall amid renewed global jitters
13th Jun 2024 15:52
(Sharecast News) - London markets exhibited a mixed performance on Thursday, as investors digested the latest policy announcement from the US Federal Reserve and reacted to corporate developments in various sectors.
Read moreMexican billionaire Carlos Slim takes 3.2% stake in BT Group
13th Jun 2024 07:33
(Sharecast News) - Mexican billionaire Carlos Slim has taken a 3.2% stake in BT Group.
Read moreBerenberg raises target price on BT Group following FY results
24th May 2024 10:26
(Sharecast News) - Analysts at Berenberg raised their target price on telco giant BT Group from 135.0p to 155.0p on Friday, stating the group was now past the free cashflow trough.
Read moreOfcom fines BT £2.8m for knowingly breaching contract info rules
22nd May 2024 07:18
(Sharecast News) - Ofcom announced on Wednesday that it has fined BT Group £2.8m, for failing to provide more than one million customers with clear and essential contract information before signing up for services with its subsidiaries EE and Plusnet.
Read moreLondon close: Stocks recoup some earlier losses
17th May 2024 15:52
(Sharecast News) - London stocks remained in negative territory by Friday's close, although they managed to recoup some of the losses seen earlier in the session as Wall Street opened with positive momentum.
Read moreLondon close: Stocks mixed as ex-divs drag on FTSE
16th May 2024 16:53
(Sharecast News) - London stocks ended mixed on Thursday, following a flurry of corporate news and a focus on US unemployment figures.
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