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Share Price Information for BT (BT.A)

London Stock Exchange
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Share Price: 141.25
Bid: 141.05
Ask: 141.10
Change: 0.15 (0.11%)
Spread: 0.05 (0.035%)
Open: 141.30
High: 142.20
Low: 139.95
Prev. Close: 141.10
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Sunday newspaper round-up: Coronavirus, British Airways, BT Group

Sun, 28th Jun 2020 18:52

(Sharecast News) - Britain is on a "knife edge" and likely to see an increase in coronavirus cases by July, a Government adviser has warned. Sir Jeremy Farrar, the director of the Wellcome Trust and a member of the Government's Scientific Advisory Group for Emergencies (Sage), said he was concerned that there will soon be a surge of new infections caused by lockdown restrictions being eased towards the end of May. - Sunday Telegraph
British Airways has told its longest-serving cabin crew they will have to take a 20% basic pay cut and change working patterns if they are to be retained, as it prepares to lay off up to 30% of its workforce. The proposal comes almost two months after BA notified unions of plans to lay off 12,000 staff after coronavirus grounded almost all passenger flights. - Guardian

BT has claimed that Boris Johnson's plan to give all Britons superfast broadband by 2025 will require a 'Herculean effort' as doubts grow about the ambitious target. The Prime Minister revealed his plan last year to connect the whole of Britain to one gigabit per second broadband by 2025 and committed £5billion to the goal. But industry sources say the already ambitious plan has been thrown into doubt by coronavirus delays. The industry also faces disruption if controversial Chinese firm Huawei is stripped out of the network. - Mail on Sunday

More than 50 years ago hydrogen fuel cells helped put Neil Armstrong on the moon, but mainstream usage of the technology has remained elusive since. Now there are signs that may be changing, with a spate of new investments even amid the coronavirus pandemic. In the UK, the transport secretary, Grant Shapps, this week told MPs that the government will experiment with hydrogen fuel cells for an entire town's bus network. Earlier this month, the Department for Transport gave £400,000 to the Hydroflex project, run by the University of Birmingham and rail-leasing company Porterbrook, to bring the first hydrogen train to UK main lines in the next few weeks. - Guardian

Fast-growing online beauty retailer The Hut Group (THG) has reignited speculation that it is heading for a long-awaited £5bn stock market debut after lining up meetings with an array of blue-chip investors including Schroders, T Rowe Price and Fidelity. Bankers are pushing privately held online retailers to consider floating after the enforced closure of all non-essential shops for three months because of the coronavirus lockdown funnelled more business onto the web. - Sunday Times

Donald Trump's government has warned Hitachi against selling a nuclear power project to China as tensions between Washington and Beijing escalate. Officials from the US State Department are understood to have heaped pressure on the Japanese industrial giant as it weighs options for the Horizon nuclear project on Anglesey, north Wales. Hitachi last year put Horizon on hold and wrote off £2bn after repeated delays by Westminster in signing off a support package. - Sunday Times

Virgin Atlantic is trying to raise up to £900m within days to avoid collapse. The airline, founded by Sir Richard Branson, has pumped up its bailout plans from £750m and is in talks with debt funds as hopes of a state-backed rescue fade. Virgin's increased cash call underlines the dire state of an industry battered by the grounding of planes and the government's quarantine diktat. Long-haul carriers such as Virgin are due to be among the slowest to see passenger numbers recover. - Sunday Times

Sir Mark Sedwill has announced he will stand down from his role as Cabinet Secretary, National Security Adviser and head of the Civil Service in September. The Sunday Telegraph first reported Sir Mark's expected departure under Boris Johnson's plans for a Whitehall revolution. His departure signals that a long-planned shake-up of the Civil Service by Dominic Cummings, Mr Johnson's chief aide, is gathering pace. - Sunday Telegraph

Unemployment in Britain could soar to levels not seen since the 1980s unless ministers boost support for businesses struggling because of the lockdown, Labour warns today as the main parties join battle over how to rescue the economy from the wreckage of the Covid-19 crisis. New analysis by the House of Commons library shows that up to one million people could be added to the current jobless total of 2.8 million, unless extra support is given from August. Unemployment in the UK peaked at 3.3 million in 1984 under Margaret Thatcher. - Guardian

More News
Today 09:43

LONDON BROKER RATINGS: Deutsche Bank likes Vodafone and raises Avacta

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

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14 Jun 2024 15:36

London close: Stocks fall amid French political concerns

(Sharecast News) - London stocks were still in the red by the close on Friday, mirroring a broader European selloff driven by political uncertainty in France.

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13 Jun 2024 15:52

London close: Stocks fall amid renewed global jitters

(Sharecast News) - London markets exhibited a mixed performance on Thursday, as investors digested the latest policy announcement from the US Federal Reserve and reacted to corporate developments in various sectors.

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13 Jun 2024 12:05

LONDON MARKET MIDDAY: FTSE 100 down despite Halma jumping 10%

(Alliance News) - Stock in Europe headed lower on Thursday at midday, as markets digest the latest interest rate decision from the US Federal Reserve.

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13 Jun 2024 10:58

IN BRIEF: Mexican telecom tycoon Carlos Slim takes 3.2% stake in BT

BT Group PLC - London-based telecommunications provider - Grupo Financiero Inbursa SAB de CV, the Mexico City-based investment vehicle of multi-billionaire Carlos Slim has bought a 3.2% stake in BT, crossing that ownership threshold on Thursday last week, according to a stock exchange disclosure on Wednesday. Among his many business interests, Slim is chair of America Movil, which has telecommunications operations throughout Latin America.

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13 Jun 2024 07:33

Mexican billionaire Carlos Slim takes 3.2% stake in BT Group

(Sharecast News) - Mexican billionaire Carlos Slim has taken a 3.2% stake in BT Group.

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12 Jun 2024 21:13

Carlos Slim takes 3% stake in Britain's BT

LONDON, June 12 (Reuters) - Mexican magnate Carlos Slim has taken a 3.16% stake in BT, Britain's biggest broadband and mobile operator, according to a stock market filing on Wednesday, in a boost to the company's new chief executive Allison Kirkby.

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7 Jun 2024 06:00

Stock investors scout out Europe's rate-cut winners

MILAN/LONDON, June 7 (Reuters) - Investors in European equities are stepping up their search for stocks that are likely to benefit from lower borrowing costs, after the European Central Bank's (ECB) first interest-rate cut in almost five years.

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24 May 2024 10:26

Berenberg raises target price on BT Group following FY results

(Sharecast News) - Analysts at Berenberg raised their target price on telco giant BT Group from 135.0p to 155.0p on Friday, stating the group was now past the free cashflow trough.

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24 May 2024 09:23

LONDON BROKER RATINGS: HSBC cuts Aviva; Deutsche Bank cuts Ryanair

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

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22 May 2024 09:53

LONDON BROKER RATINGS: Barclays cuts NextEnergy but lifts JLEN

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

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22 May 2024 09:51

BT fined by Ofcom for "failing" EE and Plusnet customers

(Alliance News) - BT Group PLC must pay a GBP2.8 million fine after its "unacceptable" failure to provide adequate information to prospective customers, Ofcom announced on Wednesday.

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22 May 2024 07:18

Ofcom fines BT £2.8m for knowingly breaching contract info rules

(Sharecast News) - Ofcom announced on Wednesday that it has fined BT Group £2.8m, for failing to provide more than one million customers with clear and essential contract information before signing up for services with its subsidiaries EE and Plusnet.

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21 May 2024 10:00

LONDON BROKER RATINGS: UBS lifts Schroders; Barclays likes Wise

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

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20 May 2024 13:16

IN BRIEF: BT Non-Executive Tushar Morzaria buys GBP70,000 in shares

BT Group PLC - London-based telecommunications provider - Non-Executive Director Tushar Morzaria buys 53,270 shares at GBP1.33 each, worth GBP70,849, in London on Monday.

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