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Share Price Information for BT (BT.A)

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Share Price: 139.55
Bid: 139.00
Ask: 139.10
Change: 4.55 (3.37%)
Spread: 0.10 (0.072%)
Open: 135.55
High: 139.60
Low: 134.95
Prev. Close: 135.00
BT.A Live PriceLast checked at -

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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

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27 Nov 2023 17:08

LONDON MARKET CLOSE: Downbeat China data hurts exposed FTSE 100 stocks

(Alliance News) - Stock prices in London closed down on Monday, as underwhelming industrial data from China hurt Asia-exposed stocks and oil majors, while new homes figures in the US also disappointed.

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27 Nov 2023 14:11

UPDATE: BT, Aurelius don't intend takeover offer for musicMagpie

(Alliance News) - BT Group PLC and Aurelius Investment Advisory Ltd said that they are not intending to make an offer for Stockport, England-based used-technology reseller musicMagpie PLC.

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27 Nov 2023 13:49

BT says not intending takeover offer for musicMagpie

(Alliance News) - BT Group PLC on Monday said that it is not intending to make an offer for Stockport, England-based used-technology reseller musicMagpie PLC.

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27 Nov 2023 13:30

BT Group not planning to make offer for MusicMagpie

(Sharecast News) - BT Group said on Monday that it is not planning to make an offer for MusicMagpie.

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27 Nov 2023 09:20

LONDON BROKER RATINGS: Peel, Numis up Rightmove; Goldman cuts Entain

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

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23 Nov 2023 10:11

LONDON BROKER RATINGS: UBS cuts Auto Trader; Bryan Garnier likes Sage

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

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20 Nov 2023 14:59

London close: Stocks mixed ahead of Autumn Statement

(Sharecast News) - London's stock markets saw a mixed performance at the close of trading on Monday, with Ashtead and Compass among the leading losers.

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20 Nov 2023 12:03

LONDON MARKET MIDDAY: Europe mixed before Fed minutes; Bayer plunges

(Alliance News) - European equities were mixed heading into Monday afternoon, in a cautious start to the week ahead of Tuesday's US Federal Reserve meeting minutes and a key UK fiscal policy announcement on Wednesday.

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20 Nov 2023 09:31

IN BRIEF: BT and Aurelius in talks to buy used-tech seller musicMagpie

musicMagpie PLC - Stockport, England-based used-technology reseller - Confirms it is in "early stage discussions" with telecommunications provider BT Group PLC and asset manager Aurelius Group for the pair to make a takeover offer for musicMagpie. Talks are "ongoing and remain at a very early stage", musicMagpie says. There is no certainty that an offer will be made, it says, but BT and Aurelius have a deadline of December 18 to announce a firm intention to make an offer or walk away.

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20 Nov 2023 09:00

LONDON MARKET OPEN: Ashtead tumbles on guidance cut; Diploma rises

(Alliance News) - Stock prices in London made little progress on Monday morning, as investors were in a 'wait-and-see' mood ahead of UK fiscal announcements and US central bank minutes.

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20 Nov 2023 07:49

LONDON BRIEFING: Ashtead cuts guidance; BT eyes musicMagpie

(Alliance News) - Stocks in London are set to open slightly lower on Monday, as oil prices advance while the dollar falls back.

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14 Nov 2023 12:00

LONDON MARKET MIDDAY: FTSE 100 underperforms before US inflation

(Alliance News) - London's FTSE 100 went into Tuesday afternoon in the red, hurt by a stronger pound, though European peers were in better shape ahead of a key US inflation reading.

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14 Nov 2023 09:15

BT reduces pension funding deficit despite "uncertainty and headwinds"

(Alliance News) - BT Group PLC on Tuesday said it has agreed its triennial pension valuation and deficit recovery plan with its pension scheme, despite the "uncertainty and headwinds" observed since 2020.

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3 Nov 2023 17:01

LONDON MARKET CLOSE: Stocks end week mixed on soft US employment data

(Alliance News) - Stock prices in London closed mixed on Friday, as some soft US data seemingly confirmed that the central banks are done with interest rate hikes, at least for now.

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3 Nov 2023 09:31

LONDON BROKER RATINGS: JPMorgan lifts Smith & Nephew

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

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