The Independent
UK · 30 mins ago
✦ 78◉ Centre
BT ramps up cost cutting as annual earnings flatline
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Quality 78/100
Partisan intensity 25/100
ObjectivePartisan
◉ Centre ✓ Fair headline
BT has increased its cost-cutting target to £3.7 billion from £3 billion as its annual earnings show no growth. The telecoms company is intensifying efficiency efforts in response to business pressures.
BT ramps up cost cutting as annual earnings flatline
The telecoms giant said it was upping its cost saving target to £3.7 billion, from £3 billion previously.
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