Live News Turkish Inflation Rises Above 85 In October
“We remain laser-focused on modernizing and simplifying the BT Group,” Philip Jansen, BT’s chief executive, said in a statement on Thursday. “Given the current high inflation environment, including significantly increased energy prices, we need to take additional measures on our costs to maintain the cash flow needed to support our grid investments,” he said. BT has revised its target for cost savings from £2.5bn to £3bn by the end of 2025....