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Pin to quick picksBT Share News (BT.A)

Share Price Information for BT (BT.A)

London Stock Exchange
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Share Price: 107.00
Bid: 107.35
Ask: 107.45
Change: -1.15 (-1.06%)
Spread: 0.10 (0.093%)
Open: 108.80
High: 109.40
Low: 106.65
Prev. Close: 108.15
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Monday newspaper round-up: IMF, Business investment, Consumer spending

Mon, 07th Apr 2014 07:14

Almost one year ago the International Monetary Fund (IMF) urged the Chancellor George Osborne to abandon austerity and implement a so-called 'Plan B' to stimulate growth. However, as he prepares to head to the US this week, for the IMF's spring meetings, the Washington-based international lender is set to "upgrade the forecasts for the UK reasonably significantly", government sources expect, which Osborne will use to claim fresh vindication for his economic plan, The Daily Telegraph reports.Amidst increasing confidence that the economic recovery is for real, finance chiefs at the UK's largest companies have turned the most bullish in six and a half a years. Now is a good time to take risk on the balance sheet 71% of them believe, according to the latest survey carried out by consultants Deloitte. A year ago that percentage was at just 34%. During the worst moments of the past financial crisis just 1% thought the same. The upshot is that business investment may now be set to take-off, writes The Times.Consumer spending slowed down noticeably in March, exclusive figures obtained from Barclaycard show, growing by just 1.1% when compared with the year-ago period. That was the least in 14 months and the less than the rate of inflation. In fact, sales at shops actually fell by 0.3% - their worst performance in a year - while digital sales were sluggish, expanding by only 6.4%, the smallest gain since the end of 2011. The data covers half of all spending on both credit and debit cards, The Daily Mail says. Telecommunications group BT has poached a Sky veteran in what amounts to a coup that may lead to increased frictions between the two outfits as they vie for broadband customers. Delia Bushell is to become Managing Director of BT's key sports and television division, following 14 years holding several top jobs at BSkyB and Sky Italia, according to The Times. Bushell's most recent responsibilities were as Chief Commercial Officer at Sky Italia, where she oversaw marketing and sales for its €2.5bn residential business.The revolving door keeps turning at RBS. Soon after the departure of the group's Finance Director, Nathan Bostock, who is moving to Santander UK, investors are now eyeing who will replace Sir Philip Hampton, the current Chairman of the largely state-owned lender. It was thought that Hampton, who is expected to step down after next year's annual general meeting, might be substituted by either Sir Sandy Crombie or Brendan Nelson, two of the existing non-executive directors. However, Sir Sandy has played down speculation that he is in the running, The Scotsman reports. Figures from Ombudsman Services show record increases in the number of complaints against energy firms. That follows closely on regulator Ofgem's announcement that it was referring the energy sector to the Competition and Markets Authority for a full-scale competition inquiry. In the first three months of the year those complaints rose by 224% when compared with the year-ago period, to 10,638, The Daily Mail reports.AB
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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.

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4 Apr 2024 08:47

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2 Apr 2024 12:24

Heathrow executive Emma Gilthorpe to take the helm at Royal Mail

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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.

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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.

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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:

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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2 Feb 2024 12:27

Citi trims estimates on BT, reiterates 'buy' rating

(Sharecast News) - Citi has trimmed its fourth-quarter estimates for BT Group while reiterating its 'buy' rating.

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