BT ‘pulling levers’ to account for UK Budget burden
CFO Simon Lowth puts annual additional cost at £100m for the Group, with transformation plans to be ‘brought forward’ to compensate.
This article includes:
- Events: BT’s Q2/H1 earnings call; UK Budget.
- Geographic: UK.
- Organisations: BT Group; Conservatives; Openreach.
- People: Allison Kirkby; Simon Lowth.
- Themes: Corporate & Public Sector; National Insurance; National Living Wage; broadband; cost transformation programme; employers National Insurance contributions; home construction; new build homes; new homes; procurement processes; supply chain savings.
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