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By Venilia Amorim2021-05-13T15:59:00+01:00 The BT Pension Scheme (BTPS) has published a plan to plug its £7.98bn (€9.3bn) deficit over the next 10 years, following its latest triennial valuation as of 30 June 2020. The plan sponsor, BT, and the scheme’s trustees had agreed on a “pension valuation that provides an enduring solution for BT and the BTPS, enabling BT’s transformation and investment programmes and helping to protect the BTPS as it progresses towards a low risk long term investment strategy”, the scheme said. The deficit repair plan was set in two parts: £2bn of defic...

When Philip Jansen was signed up as chief executive of BT in October 2018, there was optimism that he was what was needed. He had a strong record in technology transformation.

The UK incumbent is setting up a discrete unit that will be charged with making it look more fit for purpose in a hi-tech world.

  BT today announced the creation of a new technology unit - Digital - to lead its digital innovation agenda, effective from 1 April 2021. The new unit will focus on the development and rapid delivery of innovative products, platforms and services in key areas such as healthcare and data.   Harmeen Mehta appointed as Chief Digital and Innovation Officer To lead the new unit, BT has appointed Harmeen Mehta as Chief Digital and Innovation Officer, reporting directly to Chief Executive Philip Jansen and as a member of the Executive Committee. Harmeen will work cl...