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Daily Business Live

Kier placing; Brewin Dolphin; Rolls-Royce; Wood

Kier
REFRESH PAGE FOR UPDATES 10pm: Wall Street rebounds All three of the key US stock indexes were sharply higher, bouncing back from three days of steep falls. The S&P 500Read More

Company Update

BT; Morrisons; Stagecoach; Barratt Developments

BT
BT has announced a 2% rise in annual pre-tax profit to £2.7 billion, despite price cuts at its Openreach business eroding sales by 1%.. Chief executive Philip Jansen, who tookRead More

Boost for connectivity

EE to launch next generation 5G tech in Edinburgh

Apple iPhone Daily Business
Investment in 5G should improve connectivity   EE, the mobile network, has announced that Edinburgh is among the six cities chosen for the first phase of its 5G launch. ItRead More

New CEO hired

WorldPay’s Jansen to succeed Patterson at BT

Philip Jansen
BT has appointed WorldPay boss Philip Jansen as chief executive with a £2.4million bonus on top of his £1.1m starting salary. Mr Jansen will join the board on 1 JanuaryRead More

Staff transfer

Openreach welcomes 3,100 Scottish workers

More than 3,100 BT workers today switch to Openreach in the biggest single transfer of employees in UK corporate history. The move means that Openreach, the UK’s largest telephone and broadbandRead More

New service for Scotland

Glasgow first Scottish city to get free ultrafast link

Annie Wells MSP
Glasgow is the first Scottish city to join the InLinkUK service offering the UK’s fastest free public wi-fi.

Thousands of jobs axed

BT confirms jobs cull to cut £800m from costs

BT
Telecoms giant BT is to make a net reduction of 7,000 jobs

News expected next week

Telecoms giant BT ‘planning 6,500 job cuts’

BT
Telecoms and broadcast company BT is expected to announce 6,500 job cuts next week, according to City sources.

Media office dismantled

BT axes regional communications teams

BT
BT is scaling back its regional media operations

McQuade to lead division

BT shake-up sees new enterprise unit launched

BT
BT is bringing together its enterprise businesses in the UK and Republic of Ireland to simplify its operating model in a move that also sees a slimming down of the management team.