90% of offices to close5 Jun 2019 12:24
Good idea to realise value and cut costs in it’s property portfolio - they have loads of it. Expect SP to get a boost. Good time to buy IMHO. Divvi will be safe for some time to come.
June 5 (Reuters) - Britain’s former telecoms monopoly and biggest broadband provider BT said on Wednesday it would consolidate its UK offices from 300 current locations to roughly 30 sites while moving out of its St Paul’s headquarters in London.
Belfast, Birmingham, Bristol, Cardiff, Edinburgh, Ipswich (Adastral Park), London and Manchester would be key locations for the group, BT said in a statement, which gave no indication of the impact of the moves on jobs. (Reporting by Justin George Varghese in Bengaluru; editing by Patrick Graham)