Page 2 - Simon Lowth News Today

The £37bn BT Pension Scheme (BTPS) has agreed its 2023 triennial funding valuation with BT Group – revealing a £4.28bn fall in its deficit.

Smith & Nephew appoints two new independent Non-Executive Directors

As fibre and AI arrive.

Scale of redundancies at telecoms giant risks reigniting row with unions

LONDON—BT Group, Britain’s biggest broadband and mobile provider, will cut up to 55,000 jobs including contractors by 2030—potentially over 40 percent of its workforce—as it completes its fiber roll-out and adapts to new technologies such as AI. The company has been working through a transformation plan to build a national fiber network under boss Philip […]

BT Group announces changes to the composition of the BT Pension Scheme (BTPS) Trustee Board and the orderly succession of the Trustee Chair. After four years in the role, Otto Thoresen, BT Pension Scheme Chair of Trustees, has notified BT Group and the BTPS of his desire to step down from his position following the 2023 BTPS triennial valuation negotiations to allow more time to enjoy his retirement. Following an extensive search, BT Group has appointed Jill Mackenzie as an independent e...

BT Group has announced changes to the composition of the BT Pension Scheme (BTPS) trustee board after Otto Thoresen, the scheme’s chair, said he would step down.

Top bosses say the Chancellors planned increase in the corporation tax rate from 19 per cent to 25 per cent is the last thing they need amid surging inflation and interest rates.

Dow Chemical Canada is taking a transfer pricing dispute to the highest court, while China is reportedly marginalising the ‘big four’ auditors.

Industrial giants Rolls-Royce and BAE Systems yesterday called on Jeremy Hunt to deliver the right tax policy on business to boost the economy.