Last checked at 10 Jul 2023 11:48
LONDON MARKET MIDDAY: DWF surges on takeover offer; BT CEO resigns
(Alliance News) - Stock prices in London were mixed at midday on Monday, with concerns around the Chinese economy hurting investor confidence.
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Share Price Information for BT (BT.A)
Share Price is delayed by 15 minutes
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Share Price:
127.30
Bid:
126.50
Ask:
126.55
Change:
-1.85 (-1.43%)
Spread:
0.05 (0.04%)
Open:
128.60
High:
129.45
Low:
124.35
Prev. Close:
129.15
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Don't have an account? Click here to register.BT, Openreach should split, says ex-business minister Anna Soubry
Thu, 11th Aug 2016 12:16
(ShareCast News) - BT, which had been criticised for providing low levels of superfast broadband access, should split from Openreach, according to a former government minister.Anna Soubry, the former business minister, said that the telecoms giant should split and Openreach should became a separate company.Openreach is owned by BT and runs a large amount of the country's internet infrastructure and is responsible for access to superfast broadband, which is more than 24 millions of bits per second.Communications regulator, the office for communications (Ofcom) considered splitting the two up, but rejected the idea and instead said Openreach should become a distinct company within BT.Soubry said to BBC Radio 4's Today programme she was surprised by Ofcom's decision on the 26 July."I was very surprised that was pulled back on, I'm sorry, but they have not delivered. Radical action needs to be taken so that we have superfast broadband across the UK," she said.The Conservative MP for Broxtowe said BT had enough chances to improve the broadband service for customers."It's not good enough. It's outrageous in this day and age to not have access to superfast broadband and mobile phone signals, and that includes on our trains too."Not only would I have put a very sharp toe under BT and looked at its performance and actually considered splitting it up, making sure it did a proper job, and I'm far from convinced that it's done a proper job."BT claimed that 90% of properties in the UK had access to superfast broadband internet, however Soubry disagreed."I don't trust these figures at all ... It's strange that in my time as business minister, I seem to meet every member of the 10%".Shares in BT group were down 1.64% to 392.25p at 1257 BST.
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10 Jul 2023 11:25
BT boss Jansen to step down within the next year
BT boss who spearheaded fibre roll-out to step down
*Read more10 Jul 2023 08:51
LONDON MARKET OPEN: Stocks head lower after China data, US payrolls
(Alliance News) - Stock prices in London opened mostly in the red on Monday, following more weak Chinese economic data, and ongoing concerns about how much further interest rates will rise.
Read more10 Jul 2023 08:21
TOP NEWS: BT Chief Executive Philip Jansen to resign next year
(Alliance News) - BT Group PLC announced on Monday that its Chief Executive Philip Jansen has announced his intention to step down from his role, at the appropriate moment, over the next twelve months.
Read more10 Jul 2023 07:47
LONDON BRIEFING: BT CEO Philip Jansen to step down next year
(Alliance News) - Stocks in London are called lower on Monday, after soft economic data from China pointed to a weak demand outlook.
Read more10 Jul 2023 07:08
Jansen to step down from BT amid takeover rumours
(Sharecast News) - BT Group announced on Monday that its chief executive Philip Jansen had decided to step down from his position in the next 12 months, after spending four-and-a-half years in the role.
Read more10 Jul 2023 06:48
LONDON MARKET EARLY CALL: Stocks to fall amid Chinese deflation
(Alliance News) - Stocks in London are set to open lower on Monday, as the latest data from China added to a gloomy global economic outlook.
Read more9 Jul 2023 22:41
Sunday newspaper round-up: BT Group, Aston Martin, MPs
(Sharecast News) - BT has intensified its preparations to see off a possible takeover bid by its major shareholder Deutsche Telekom. For months now, the telecoms services provider had been working with Robey Warshaw and Goldman Sachs to prepare against such a scenario. Speculation in that regard was reaching a crescendo both in the City and within the sector, due to BT's need to invest £15bn in its new fibre-optic broadband network and multiple potentially destabilising factors. - The Sunday Telegraph
Read more6 Jul 2023 15:46
UK shareholder meetings calendar - next 7 days
| Friday 7 July | |
| Griffin Mining Ltd | AGM |
| GRIT Investment Trust PLC | AGM |
| Liontrust Asset Management PLC | GM re takeover by GAM Holding AG and share cancellation |
| Nanoco Group PLC | GM re cancellation of Share Premium Account |
| Monday 10 July | |
| Altona Rare Earths PLC | GM re admission to LSE |
| Financials Acquisition Corp | GM re extension of business combination deadline |
| More Acquisitions PLC | AGM |
| N Brown Group PLC | AGM |
| National Grid PLC | AGM |
| Sirius Real Estate Ltd | AGM |
| TruFin PLC | GM re open offer shares |
| Tuesday 11 July | |
| Active Energy Group PLC | AGM |
| British Land Co PLC | AGM |
| Octopus Apollo VCT PLC | AGM |
| Windar Photonics PLC | AGM |
| Wednesday 12 July | |
| Bytes Technology Group PLC | AGM |
| Burberry Group PLC | AGM |
| Capital Metals PLC | GM re change of registered office |
| LondonMetric Property PLC | AGM |
| Safestore Holdings PLC | AGM |
| Steppe Cement Ltd | AGM |
| Wincanton PLC | AGM |
| Thursday 13 July | |
| Aminex PLC | AGM |
| BATM Advanced Communications Ltd | AGM |
| BT Group PLC | AGM |
| C&C Group PLC | AGM |
| CT Automotive Group PLC | AGM |
| DCC PLC | AGM |
| Donegal Investment Group PLC | AGM |
| Dr Martens PLC | AGM |
| Helical PLC | AGM |
| Personal Assets Trust PLC | AGM |
| Renewi PLC | AGM |
| RS Group PLC | AGM |
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28 Jun 2023 11:57
LONDON MARKET MIDDAY: Stocks upbeat ahead of central banking panel
(Alliance News) - Stock prices in London were higher at midday on Wednesday, as investors eagerly awaited a panel featuring the chiefs of the four largest central banks, hoping for hints on the future direction of monetary policy.
Read more28 Jun 2023 11:08
TOP NEWS: Ofcom investigates BT after UK emergency call disruption
(Alliance News) - Ofcom on Wednesday said it has launched an investigation into BT Group PLC after a disruption to UK emergency call services.
Read more27 Jun 2023 16:58
LONDON MARKET CLOSE: FTSE 100 edges up after strong start in New York
(Alliance News) - Blue-chip equities in Europe ended higher on Tuesday, though the FTSE 100 underperformed and ended with only a minor gain, as initial bullish trade following optimism out of China gave way to caution as the day wore on.
Read more27 Jun 2023 16:55
London stocks rise on China recovery hopes; energy shares fall
China's Premier Li says will take steps to boost demand
*Read more27 Jun 2023 09:43
UBS downgrades BT Group to 'sell', shares slide
(Sharecast News) - BT Group tumbled on Tuesday after UBS downgraded the shares to 'sell' from 'neutral' and cut the price target to 120p from 146p, as it assumed a halving of the dividend amid free cash flow pressures.
Read more27 Jun 2023 08:57
LONDON BROKER RATINGS: UBS cuts BT'; HSBC starts Smiths with 'hold'
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:
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