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Share Price: 127.10

Bid: 126.80

Ask: 126.90

Change: -0.20 (-0.16%)

Spread: 0.10 (0.079%)

Open: 126.55

High: 128.30

Low: 126.05

Prev. Close: 127.30

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Thursday newspaper round-up: BT buys EE, Starbucks profits, Rising wages

Thu, 05th Feb 2015 05:15

BT has finalised a £12.5bn deal to purchase EE from Deutsche Telecom and Orange, according to The Telegraph. Talks have been taking place since December and reports claim an agreement was reached Wednesday night.Starbucks reported a profit in Britain for the first time in 17 years, wrote The Times. The coffee company unveiled a pre-tax profit of £1.06m for the year to September compared to a £20.5m loss for the same period prior.British families will experience a huge rise in spending power for more than a decade as the impact of low inflation and rising wages sets in, The Telegraph reported. There will be an average rise of £417 in take home pay, the paper added.UBS is being investigated for tax evasion, according to the Financial Times, six years after the Swiss bank paid a $780m penalty for alike allegations.Ministers have claimed middle-class workers will save £100,000 over their lifetime thanks to a new ban on overzealous pension fees, The Telegraph reported. Charges that exceed 0.75% a year will be banned from April.Hundreds of thousands of families will lose child benefits and face higher taxes after the next general election as rising wages push them out of the current welfare and tax thresholds, according to The Times. More than 1m parents have already had their benefits cut or removed, the paper noted.The Guardian reported that anti-semitism has reached an all-time high in Britain. Reports of violence, property damage, abuse and threats against the Jewish population more than doubled in 2014, the paper said.A cross-party report claimed on Thursday that the UK should take on a larger role in the Iraqi fight against ISIS, wrote The Guardian.

More News

24 May 2023 09:29

Britain allows BT to discount wholesale fibre broadband

LONDON, May 24 (Reuters) -

24 May 2023 08:51

Ofcom signs off on BT unit Openreach's Equinox 2 scheme pricing in UK

(Alliance News) - BT Group PLC unit Openreach's Equinox 2 scheme has overcome a potential regulatory hurdle.

24 May 2023 07:09

Britain allows BT to offer wholesale fibre broadband discounts

LONDON, May 24 (Reuters) - Britain's telecoms regulator Ofcom said on Wednesday it would allow BT to offer new discounted wholesale fibre pricing to broadband providers as it did not consider the scheme to be anti-competitive. (Reporting by Paul Sandle; Editing by Kate Holton)

23 May 2023 12:06

LONDON MARKET MIDDAY: Stocks up; RS falls on slowing industrial growth

(Alliance News) - Stock prices in London were higher at midday on Tuesday, as investors remained calm about the possibility of US government debt default.

23 May 2023 11:22

Patrick Drahi's Altice adds to BT stake a week after lay-off plans

(Alliance News) - Billionaire telecom tycoon Patrick Drahi's Altice UK Sarl on Tuesday said it has bought more shares in BT Group PLC, less than a week after the telecommunication company announced plans for major job cuts.

23 May 2023 10:24

Are things finally moving in the right direction for the pound?

STOXX Europe 600 down 0.3%

23 May 2023 09:17

LONDON BROKER RATINGS: RBC cuts abrdn European Logistics Income

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

23 May 2023 09:13

Drahi boosts stake in BT to 24.5%, will not make an offer

Drahi's Altice ups stake from 18% to 24.5%

23 May 2023 08:11

TOP NEWS: Patrick Drahi's Altice ups BT stake to almost 25%

(Alliance News) - Billionaire telecom tycoon Patrick Drahi's Altice UK Sarl on Tuesday said it has bought more shares in BT Group PLC, taking its stake to about 24.5%.

23 May 2023 08:02

Altice ups stake in BT to 24.5%

(Sharecast News) - Altice said on Tuesday that it has upped its stake in British telecommunications firm BT Group to 24.5% but insisted it does not plan to make a takeover offer.

23 May 2023 07:57

LONDON BRIEFING: Stocks lower; Altice ups BT stake to 24.5%

(Alliance News) - Stocks in London were called to open lower on Tuesday, as US politicians continue to argue over the nation's debt ceiling and ahead of a slew of PMI releases.

22 May 2023 16:54

LONDON MARKET CLOSE: European stocks underwhelm amid US debt drama

(Alliance News) - London's FTSE 100 outperformed in a tricky start to the week for European equities, with investors moving with trepidation as eyes remain on Washington for US debt ceiling talks.

22 May 2023 10:11

Citi adds BT Group to 'European Focus List', reiterates 'buy'

(Sharecast News) - Citi reiterated its 'buy' rating on BT Group on Monday and added the shares to its 'European Focus List', "because of its deep value, and as it is a clear beneficiary from improving regulatory and market conditions".

22 May 2023 09:23

LONDON BROKER RATINGS: Citigroup cuts Sainsbury to 'neutral'

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

22 May 2023 07:53

LONDON BRIEFING: UK cuts NatWest stake below 40%, halved from peak

(Alliance News) - Stocks in London were called to open flat on Monday, after news that UK house prices hit a new record high in May and amid resumed talks to break the impasse over raising the US debt ceiling.

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Thursday newspaper round-up: BT buys EE, Starbucks profits, Rising wages

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