RE: DT article today28 Jul 2022 17:53
DT must be scratching around for news stories again, Royal Mail upped their stamps by 12% earlier this year, and nobody batted an eyelid. Lots of household goods and transport fuel costs and heating/energy costs have all increased beyond inflation. Even Ronald McDonald upped the price of a little Mac earlier in the week by 20+%, why? because everybody’s cost of sales have increased. It’s no different for BT with fuel and maintenance costs for vans, electrify for exchanges, staff costs etc. DT saying this a tax on working from home, it’s quite the reverse, BT is the great facilitator in providing the connectivity to allow WFH to happen.
I’ve jumped out of BP and L&G today and topped up on BT at 162p.
DYOR.