Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBT Share News (BT.A)

Share Price Information for BT (BT.A)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 103.55
Bid: 103.70
Ask: 103.75
Change: -0.30 (-0.29%)
Spread: 0.05 (0.048%)
Open: 103.40
High: 104.65
Low: 102.80
Prev. Close: 103.85
BT.A Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

BT telecoms staff vote to join UK strikes over pay

Thu, 30th Jun 2022 17:31

(Alliance News) - Staff at telecoms giant BT Group PLC have voted to strike, union bosses announced Thursday, joining workers in various UK sectors protesting over pay as decades-high inflation erodes wages.

Dave Ward, general secretary at the Communication Workers Union, said BT now faces its first national strike since the company's privatisation in the 1980s after a ballot in favour of walking out.

It comes after strike action in recent days by tens of thousands of rail workers in addition to stoppages held by senior criminal lawyers.

Elsewhere, the aviation and postal sectors face stoppages, while teachers and workers in the state-run National Health Service mull action.

Union leaders insist strikes are necessary as wages have failed to keep pace with UK inflation, which has soared to a 40-year high and is on course to rise beyond 10%.

"People will not work harder and harder for less and less forever," Ward said in a statement announcing plans for BT workers to strike.

BT expressed disappointment at the vote result, adding that it would work to keep customers connected.

Recruitment firms have meanwhile stepped up their opposition to UK government plans to allow agency staff to replace striking workers, warning they would "inflame" industrial disputes.

Bosses at some of the country's biggest recruitment companies – including Manpower and Adecco – have written to Business Secretary Kwasi Kwarteng expressing concern over the proposals.

"We strongly believe it has the potential to cost our businesses as we will be held responsible for sending strike-breakers across a picket line and putting our workers in harm's way," said the recent letter released to media Thursday.

"It will not matter if our individual businesses choose not to supply – the industry will be called into disrepute," it added.

Shares in BT closed down 2.9% to 186.10 pence each in London on Thursday.

source: AFP

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
1 May 2024 09:26

LONDON BROKER RATINGS: UBS double upgrades AJ Bell to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
4 Apr 2024 15:58

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

Read more
4 Apr 2024 11:56

BT Group shares ripe for a re-rating, says JPMorgan

(Sharecast News) - Shares of BT Group appear heavily undervalued and "ripe for a major re-rating", JPMorgan Cazenove said in a note on Thursday.

Read more
4 Apr 2024 08:47

LONDON MARKET OPEN: Shares rise despite US interest rate unease

(Alliance News) - London's FTSE 100 edged higher on Thursday morning, despite lingering US interest rate worries hanging over equities, while gold notched another record high in earlier trade.

Read more
2 Apr 2024 12:24

Heathrow executive Emma Gilthorpe to take the helm at Royal Mail

(Alliance News) - International Distributions Services PLC's Royal Mail has ended its hunt for a new top boss after appointing Heathrow Airport senior executive Emma Gilthorpe to the helm at a crucial time for the postal service.

Read more
28 Mar 2024 15:46

IN BRIEF: BT Group CEO Allison Kirkby buys GBP55,000 in shares

BT Group PLC - London-based telecommunications operator - Chief Executive Allison Kirkby buys 50,000 shares at GBP1.09 each, worth GBP54,500, in London on Thursday.

Read more
4 Mar 2024 11:52

LONDON MARKET MIDDAY: Stocks mostly lower ahead of UK Spring budget

(Alliance News) - Stock prices in London were mostly lower at midday Monday, as the week started off on a quiet note ahead of a busy week of monetary policy decisions and economic data from across the globe.

Read more
4 Mar 2024 08:59

LONDON BROKER RATINGS: Jefferies says buy BP; UBS says buy Compass

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
4 Mar 2024 07:41

LONDON BRIEFING: Stocks called down; attention on UK's spring budget

(Alliance News) - Stocks in London are called to open lower, ahead of a busy week of economic news.

Read more
21 Feb 2024 15:01

London close: Stocks mixed ahead of Fed minutes, Nvidia results

(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors awaited updates from the US Federal Reserve and results from AI chipmaker Nvidia.

Read more
21 Feb 2024 09:45

Iconic BT Tower to be turned into hotel in £275m deal

(Sharecast News) - BT Group said on Wednesday that it has agreed to sell the BT Tower to MCR Hotels for £275m.

Read more
21 Feb 2024 09:03

BT Group to sell BT Tower to MCR Hotels for GBP275 million

(Alliance News) - BT Group PLC on Wednesday said that it has agreed to sell the BT Tower to MCR Hotels, which plans to preserve the building as a landmark hotel.

Read more
20 Feb 2024 17:25

IN BRIEF: BT CEO Allison Kirkby buys GBP428,000 in shares

BT Group PLC - London-based telecommunications operator - Chief Executive Allison Kirkby buys 400,000 shares at GBP1.07 each, worth GBP428,000, in London on Tuesday.

Read more
14 Feb 2024 15:17

PRESS: Brussels open to telecoms mergers to support investment - FT

(Alliance News) - Brussels has signalled it is open to European telecoms mergers to help fund the rollout of 5G and update ageing networks, a report said Wednesday.

Read more
2 Feb 2024 16:59

London close: Stocks mixed as US payrolls come in red-hot

(Sharecast News) - London's stock markets closed with mixed results on Friday, as investors were confronted by an unexpectedly strong US labour market as revealed in the latest US non-farm payrolls report.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.