Published: November 6, 2025 at 2:26 pm
BT has reported a decline in its broadband business and profits – and says it laid off thousands of staff in the last six months.
The telecoms giant is delivering a ‘transformation plan’ which realised £247 million gross annualised cost savings during H1 FY26.
A cumulative total of £1.2 billion savings have been realised in the first 18 months of the £3bn programme.