Ex-BT boss pockets £3.7m final pay deal as group plans to axe 55,000 jobs

Philip Jansen announced sweeping job cuts during same financial year covered by pay and bonus package

BT’s former chief executive Philip Jansen has been awarded his largest pay and bonus package, a £3.7m reward for the same year in which he announced plans to cut 55,000 jobs at the telecoms company by 2030.

The pay deal for Jansen, who was nicknamed Food Bank Phil after the company set up a “community pantry” for call centre staff struggling to make ends meet, was revealed in BT’s latest annual report.

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Dow Jones Industrial Average hits 40,000 points for first time; UK reality TV stars charged over FX scheme – as it happened

Strong quarterly results and hope of interest rate cuts drive DJIA to new alltime high

A group of business leaders have warned Rishi Sunak that the government’s migration policies risk weakening the UK university sector, the Financial Times reports, undermining a key reason for companies to invest in the country.

The FT explains:

In a letter to Rishi Sunak, bosses at groups including miners Anglo American and Rio Tinto and industrial conglomerate Siemens, said they were “deeply concerned” by widening funding gaps and declining international student applications that were “a result of government policy”.

They said this risked “undermining the positive impact that international students have on our skills base, future workforce, and international influence”, as well as reducing the funding available for research and industry collaboration.

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BT scraps above-inflation price rises for mobile and broadband customers

UK’s mobile and broadband firms were accused of ‘greedflation’ last year by the Guardian

BT has become the first major telecoms company to scrap controversial above-inflation price rises for mobile and broadband customers – but not before pushing through a final increase this year.

The owner of mobile operator EE has moved to address the pressure on consumers from rising household costs during the cost of living crisis, after telecoms companies were criticised for increasing bills.

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UK telecoms firms told to safeguard at-risk customers in switch to digital landlines

Minister’s move follows reports of pensioners left unable to call for help

Telecoms providers have been forced to pause plans to impose digital phone lines on vulnerable customers after reports of pensioners left unable to call for help during power cuts.

Companies including BT and Virgin Media have been forced by Michelle Donelan, the technology secretary, to sign a charter to safeguard at-risk households during the nationwide switchover from analogue to internet-based landlines.

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UK’s top mobile firms face £3.3bn class action lawsuit over ‘loyalty penalties’

Campaigner Justin Gutmann alleges EE, Vodafone, Three and O2 have ‘systematically exploited millions of loyal customers’

The UK’s biggest mobile phone companies face a £3.3bn class action lawsuit alleging that long-standing customers are being ripped off by “loyalty penalties”, under which the same services are offered to new customers at a better price to lure them from rivals.

The legal action, which has been brought by the campaigner Justin Gutmann and the law firm Charles Lyndon, targets BT-owned EE, Vodafone, Three and O2, which is part of Virgin Media O2.

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EE launches streaming TV with custom Apple TV box in UK first

Live and on-demand TV over broadband replaces BT TV as firm continues brand and service revamp

The BT-owned EE is rolling out its revamped TV over broadband offering, which delivers live and on-demand services streamed to a choice of set-top boxes that includes a customised Apple TV – a first for the UK.

The new IPTV service continues the firm’s replacement of the BT brand with EE and ditches the aerial while still offering free-to-air and premium channels in a range of packages starting at £18 a month on top of the required EE broadband subscription.

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EE to start selling smart TVs, fridges and kettles in move beyond mobile roots

BT-owned company to take on brands such as Amazon, Currys and Argos with move into e-commerce

The BT-owned EE is to sell smart TVs, fridges, kettles and fitness products as it looks to move beyond its roots in smartphones and enter an e-commerce market dominated by brands such as Amazon, Currys and Argos.

The mobile operator, which has 25 million subscribers, is seeking to use tactics developed selling telecoms products and services to retail products in categories such as smart home security, insurance and games consoles to all UK consumers.

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Ofcom investigating BT after disruption to 999 emergency call service

Telecoms firm, which manages 999 phone system, says it will publish findings of own inquiry on Thursday

The communications watchdog has launched an investigation into BT after technical faults hit the 999 emergency call service on Sunday.

Ofcom said it would look into the incident to find out whether the telecoms company failed to comply with its regulatory duties. Police forces, ambulance services and fire and rescue services across the UK asked people not to phone 999 on Sunday morning due to a “technical fault”.

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BT asks ministers to help pay for low-cost broadband for poorest customers

Critics say telecoms firms such as BT – which made £1.9bn profit last year – can afford to keep customers on benefits connected

BT has warned that the telecoms industry cannot afford an estimated potential loss of up to £2bn annually providing low-cost broadband to millions of the UK’s most financially pressured households, but critics have said they have an obligation to do so.

Marc Allera, the chief executive of BT’s consumer division, which includes the mobile company EE, said the industry needed government support to help cover the ongoing cost of providing cheap tariffs, the same way households have been helped with energy bills.

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Broadband customers face up to 14% hike in bills, warns Which?

BT customers face £113 rise as providers such as EE and TalkTalk prepare controversial ‘inflation-plus’ mechanism

Broadband bills could surge by as much as £113 next year if a number of the UK’s biggest telecoms firms push ahead with inflation-busting price increases next spring, says consumer watchdog Which?

Many of the country’s main internet providers – including the largest player BT, along with TalkTalk, EE, Plusnet and Vodafone – use a mechanism to increase the cost of bills annually by the rate of inflation as measured by the consumer prices index (CPI) in January, plus 3.9%.

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CMA investigates sport broadcasters over ‘cartel-like behaviour’

Watchdog says it suspects possible breaches of competition law around purchase of freelance services

The competition watchdog is investigating possible cartel-like behaviour by sport broadcasters including BT Group, ITV, Sky and IMG Media, which includes Premier League Productions, around the purchase of freelance services.

The Competition and Markets Authority said it believes there are “reasonable grounds to suspect one or more breaches of competition law”.

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BT unveil plans to make EE its consumer-facing brand

British telecommunications giant says company will now take back seat as it makes EE its flagship

It’s still good to talk but increasingly BT customers are doing it wherever they like via connected mobile devices, rather than fixed line broadband and old-fashioned telephones.

In recognition of this generational shift, BT quietly announced in a blog post on Wednesday that after more than 30 years and some of the UK’s highest-profile ad campaigns, its flagship consumer brand is to take a back seat to upstart EE in its marketing strategy.

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Union rejects pay rise of £1,500 for BT staff and plans strike ballot

CWU bosses say increase is relative cut in salary but BT says it is its biggest award in two decades

BT has given 58,000 workers a £1,500 pay rise that it says is its biggest award in two decades, despite its largest union rejecting the deal and saying it intends to ballot members over strike action.

Last week BT had a £1,200 pay rise offer rejected by the Communication Workers Union (CWU), which represents about 40,000 of the company’s 100,000 employees, with union bosses describing it as “insulting” and a “relative pay cut” as soaring inflation fuels a cost of living crisis.

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Squid Game’s success reopens who pays debate over rising internet traffic

Demand for capacity grows on back of hit Netflix shows, online games and more

The breakout success of the South Korean drama Squid Game has prompted a local broadband provider to launch legal action to force the maker, Netflix, to help pay for the huge surge in traffic, the latest flashpoint in the argument over who should carry the burden of the spiralling costs of data fuelled by the global streaming boom.

From Netflix’s latest global sensation and livestreamed Premier League football matches on Amazon Prime Video, to bandwidth-busting traffic when hit online games such as Fortnite or Call of Duty are updated, the demand for internet capacity has undergone unprecedented growth in recent years.

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Huawei ruling will cost us £500m, says BT

Telecoms group faces big bill for stripping out banned kit from 5G broadband network

Limiting the use of Huawei equipment in BT’s EE 5G mobile and full-fibre broadband networks will cost the telecoms group £500m over the next five years.

BT uses more Huawei equipment in the masts and towers of its mobile network than is allowed under new government rules, meaning it will now have to be stripped out and replaced with hardware from other manufacturers.

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