Sun. Sep 20th, 2020

BT claims Labour nationalisation plan would cost up to £100bn – business live

Rolling coverage of the latest economic and financial news, including reaction to Labour’s pledge to bring BT under partial state ownership if elected

12.52pm GMT

BT’s share price has been shifting all morning, but its stock is no longer the worst performer on the FTSE 100.

Its shares fell as much as 3% in early trading, hitting lows of about 189p but have slightly recovered.

12.29pm GMT

A Lloyds Banking Group spokesperson has said:

The group welcomes the Court’s decision. Throughout this process, the group has sought to act in the interests of our shareholders as a whole.

Continue reading…Rolling coverage of the latest economic and financial news, including reaction to Labour’s pledge to bring BT under partial state ownership if electedShadow chancellor details Openreach plansRival TalkTalk stalls sale of fibre arm amid Labour pledgeFull story: Labour pledges free broadband for all homes and firms in UK 12.52pm GMTBT’s share price has been shifting all morning, but its stock is no longer the worst performer on the FTSE 100. Its shares fell as much as 3% in early trading, hitting lows of about 189p but have slightly recovered. 12.29pm GMTA Lloyds Banking Group spokesperson has said: The group welcomes the Court’s decision. Throughout this process, the group has sought to act in the interests of our shareholders as a whole. Continue reading…