BT Group PLC (BT.L)
LONDON, July 28 BT posted a 42 percent drop in first-quarter profit after it took a fresh charge from an Italian accounting scandal to avoid legal claims from two of its major investors in the latest setback to the British telecoms provider.
LONDON, July 28 Britain's major share index slipped, heading for a weaker finish to the week after corporate earnings drove big swings in individual stocks, with BT Friday's biggest faller.
LONDON, July 28 Britain's BT posted a 42 percent drop in first-quarter pretax profit due to a settlement with investors Deutsche Telekom and Orange over an Italian accounting scandal.
July 28 Britain's FTSE 100 index is seen opening down 36 points at 7406.8 on Friday, according to financial bookmakers. * UK CONSUMER MORALE: British consumer morale has sunk back to depths hit just after last year's Brexit vote and worse may be to come as households' view of the broader economic situation dropped to a four-year low, according to a survey on Friday. * SHELL: Royal Dutch Shell Plc plans to begin permanently shuttering the gasoline-producing unit
* Announced how openreach will be held to account, as it becomes legally separate from BT, to ensure it delivers for phone and broadband users
LONDON, July 12 The outgoing chairman of BT was forced to defend his handling of a "perfect storm" of troubles that hit the British company this year, saying he had battled to stabilise the business and prevent damage from spreading.
July 11 UK's Ofcom has capped the maximum spectrum a company could win as it set new rules for the auction of mobile spectrum to safeguard competition, the communications regulator said on Tuesday.
MILAN The U.S. accounting watchdog is investigating accounting firm PricewaterhouseCoopers's [PWC.UL] audits of British telecoms group BT's Italian business, which has been hit by a book-keeping scandal, a source close to the matter said.
MILAN, July 5 The U.S. accounting watchdog is investigating accounting firm PricewaterhouseCoopers's audits of British telecoms group BT's Italian business, which has been hit by a book-keeping scandal, a source close to the matter said.
LONDON, June 29 Britain's accounting regulator said on Thursday it would investigate audits by PricewaterhouseCoopers LLP (PwC) of BT Group after a scandal was uncovered this year at the Italian operations of the British telecoms group.