Skip to content
Thursday 13 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,762.26
-0.65%
DAX
26,319.52
-0.04%
CAC 40
8,655.00
-0.23%
STOXX 50
6,551.15
+0.26%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Monday 01 November 2021 10:54 am  |  Updated:  Monday 01 November 2021 12:02 pm

BT hits cost savings target 18 months early

By: Leah Montebello

Add as a preferred source on Google

BT said this morning it had delivered on its cost saving programme 18 months ahead of a March 2023 target, driving its shares up 6%.

“Further to weekend press speculation, BT confirms that it has delivered on its £1bn of gross annualised cost savings 18 months ahead of the March 2023 target,” it said.

More to follow

Read more

HMRC claws back £1m cutting ties with outside tech suppliers

HMRC overcharged pensioners thousands

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics

Categories

  • Business

Related Topics

  • BT Group

Trending Articles

  • Five-star Mayfair hotel hit with HMRC winding-up petition

  • It’s not just Jason Arday, most of sociology is a scam

  • IT consultant ordered to pay £50,000 after being accused of stealing Soho House members’ personal details

  • Revolut takes flight with launch of new airport lounges

  • As it happened: FTSE 100 falls as Iran and US clash over Strait of Hormuz; Oil stockpiles ‘rapidly depleting’

More from Morning Wire

  • HMRC claws back £1m cutting ties with outside tech suppliers

    Tech
    HMRC overcharged pensioners thousands
  • Lloyds beats profit target as bank sets sights on more cost-cutting

    Banking
    Lloyds Bank logo and sign on the exterior glass facade of a modern building in Manchester
  • As it happened: Stocks jump as oil drops; Unilever shares soar on decade-best sales

    Markets
    Unilever owns brands ranging from Ben and Jerry's to Dove
  • BT braces for loss of 800,000 customers as it banks on fibre to keep turnaround ‘on track’

    Telecoms
    A sign at the headquarters building of BT Group Plc in Aldgate, (Photographer: Hollie Adams/Bloomberg via Getty Images)
  • Man Group shares surge as assets hit record $253bn

    Investing
    Man Group is the largest hedge fund in the UK.
  • Foxtons shares tumble as estate agent takes £3m knock from Renters’ Rights Act

    Property
    Foxtons is London's largest lettings agency brand
  • Vistry angers market with £30m loss as new boss faces turbulent start

    Property
    Vistry Group headquarters building with modern architecture and corporate signage visible in a business district setting
  • Schroders profits surge as assets hit record £868bn

    Investing
    Schroders office building exterior with modern architecture and company logo prominently displayed in a business district ...
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook