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Pin to quick picksBT Share News (BT.A)

Share Price Information for BT (BT.A)

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Share Price: 134.25
Bid: 133.60
Ask: 133.65
Change: 1.65 (1.24%)
Spread: 0.05 (0.037%)
Open: 132.70
High: 135.50
Low: 132.50
Prev. Close: 132.60
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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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17 May 2024 15:52

London close: Stocks recoup some earlier losses

(Sharecast News) - London stocks remained in negative territory by Friday's close, although they managed to recoup some of the losses seen earlier in the session as Wall Street opened with positive momentum.

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17 May 2024 09:06

LONDON BROKER RATINGS: Jefferies says buy Tritax Big Box post merger

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:

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16 May 2024 16:54

LONDON MARKET CLOSE: Europe struggles but record highs in New York

(Alliance News) - Large-cap European equities closed lower on Thursday, underperforming New York counterparts, which continued to push higher following Wednesday's softer US inflation data.

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16 May 2024 16:53

London close: Stocks mixed as ex-divs drag on FTSE

(Sharecast News) - London stocks ended mixed on Thursday, following a flurry of corporate news and a focus on US unemployment figures.

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16 May 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 dragged down by Sage Group and easyJet

(Alliance News) - Stock prices in London were lower at midday Thursday, with Wednesday's Wall Street session failing to shine in Europe.

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16 May 2024 09:12

LONDON MARKET OPEN: FTSE 100 in red as easyJet and Sage Group fall

(Alliance News) - Stock prices in London opened lower on Thursday, ignoring the rally over on Wall Street on Wednesday.

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16 May 2024 09:06

TOP NEWS: BT to consider options for global operations amid UK focus

(Alliance News) - BT Group PLC on Thursday lifted its dividend as it forecast significantly improved cash flow in the coming years now that peak investment in its full-fibre roll-out has passed.

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16 May 2024 07:45

LONDON BRIEFING: BT ups dividend; easyJet loss narrows

(Alliance News) - Stocks in London are called to open slightly lower on Thursday, shaking off New York's record performance.

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16 May 2024 07:10

BT sees profits drop 31%, predicts little growth this year

(Sharecast News) - Telecoms giant BT saw shares pop on Thursday despite reporting a 31% drop in annual profits in the year to 31 March, as the company laid out plans to save £3bn of costs a year by the end of the decade.

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15 May 2024 12:14

Thursday preview: Philly Fed index, BT Group in the spotlight

(Sharecast News) - Investors' focus on Thursday will be on a raft of economic reports due out in the States.

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9 May 2024 15:51

UK earnings, trading statements calendar - next 7 days

Friday 10 May 
CRH PLCQ1 Results
International Consolidated Airlines Group SAQ1 Results
Rightmove PLCTrading Statement
TBC Bank Group PLCQ1 Results
Monday 13 May 
Burford Capital LtdQ1 Results
Caledonia Mining Corp PLCQ1 Results
Cerillion PLCHalf Year Results
Diploma PLCHalf Year Results
HgCapital Trust PLCQ1 Results
Huddled Group PLCFull Year Results
Team Internet Group PLCQ1 Results
Victrex PLCHalf Year Results
Tuesday 14 May 
Angling Direct PLCFull Year Results
Currys PLCTrading Statement
DCC PLCFull Year Results
Flutter Entertainment PLCQ1 Results
Greggs PLCTrading Statement
Marston's PLCHalf Year Results
On The Beach Group PLCHalf Year Results
Renew Holdings PLCHalf Year Results
Treatt PLCHalf Year Results
Virgin Money UK PLCTrading Statement
Vodafone Group PLCFull Year Results
Wednesday 15 May 
Britvic PLCHalf Year Results
Burberry Group PLCFull Year Results
Compass Group PLCHalf Year Results
Creo Medical Group PLCFull Year Results
Experian PLCFull Year Results
Imperial Brands PLCHalf Year Results
Keller Group PLCFull Year Results
Lords Group Trading PLCFull Year Results
Marshalls PLCTrading Statement
Spirax-Sarco Engineering PLCTrading Statement
Titon Holdings PLCHalf Year Results
TP ICAP Group PLCTrading Statement
Tui AGHalf Year Results
Vertu Motors PLCFull Year Results
Thursday 16 May 
Auction Technology Group PLCHalf Year Results
Bank of Cyprus Holdings PLCQ1 Results
BT Group PLCFull Year Results
Convatec Group PLCTrading Statement
easyJet PLCHalf Year Results
Future PLCHalf Year Results
Grainger PLCHalf Year Results
Helios Towers PLCQ1 Results
Nexus Infrastructure PLCHalf Year Results
Premier Foods PLCFull Year Results
Restore PLCTrading Statement
Sage Group PLCHalf Year Results
Tritax EuroBox PLCHalf Year Results
Tullow Oil PLCTrading Statement
Tyman PLCTrading Statement
United Utilities Group PLCFull Year Results
Vanquis Banking Group PLCTrading Statement
Vistry Group PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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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:

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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.

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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.

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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.

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