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BT shares plunge 25% to record low after shock £80m profits warning

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BT shares plunge 25% to record low after shock £80m profits warning - Shares in telecoms giant BT Group plunged 24.7% today after it issued a shock warning that its profits will come in some £80m lower and revealed the boss of its Global Services division has resigned



BT shares plunge 25% to record low after shock £80m profits warning  [10/31/2008 01:17 PM]
Shares in telecoms giant BT Group plunged 24.7% today after it issued a shock warning that its profits will come in some £80m lower and revealed the boss of its Global Services division has resigned
Arab states' £5.8bn boost to Barclays  [10/31/2008 01:17 PM]
Barclays will raise £7.3bn from Arab investors and others to allow it to pass regulators' capital demands without a Government bailout
Market report: Friday latest  [10/31/2008 01:17 PM]
09.30:Rumours swept the City today of thumping losses at one of Europe's biggest banks as the fallout from the Volkswagen affair spread to London
Nigerian posed as Des O'Connor in card fraud  [10/31/2008 01:17 PM]
A John Lewis sales assistant who spent nearly £1,000 of TV presenter Des OConnors money as part of a massive credit card scam has been jailed for 18 months
Energy firms get a roasting  [10/31/2008 01:17 PM]
Customer dissatisfaction with gas and electricity suppliers has rocketed after a year of price rises, a survey by price-comparison site Uswitch has found
A quarter of bosses prepare to cut jobs  [10/31/2008 01:17 PM]
Workers will be warned today to brace themselves for an 'avalanche' of redundancies
John Lewis sales fall states rate cut case  [10/31/2008 01:17 PM]
A near-10% fall in year-on-year sales at John Lewis last week will pile pressure on the Bank of england to slash interest rates next week to bring relief to retailers.
Darling hints at tax cut to cope with slump  [10/31/2008 01:17 PM]
Alistair Darling yesterday hinted the Government may borrow more money for surprise tax cuts as Britain faces a deep recession
Abbey staff froze my account in revenge  [10/31/2008 01:17 PM]
Customer hit with £60 charges and had his identity changed in revenge for giving a bad service rating
Fears for world economy as US GDP shrinks 0.3%  [10/31/2008 01:17 PM]
The outlook for the global economy took a dive tonight as the US suffered its biggest decline since the 9/11 terror attacks in 2001
Pizza king Osmond to get through downturn  [10/31/2008 01:17 PM]
Former Pizza Express owner Hugh Osmond is nominated as the best credit crunch survivor in the Esquire awards
What Obama means for the world economy  [10/31/2008 01:17 PM]
It appears increasingly likely that Barack Obama will win the US presidential election, but who will be the economic winners and losers?
Darling gives Bank a nudge on rate cuts  [10/31/2008 01:17 PM]
Hopes of a deep interest rate cut rose today after Chancellor Alistair Darling underlined his message that the Bank of England was now free to slash borrowing costs
One in ten small firms could go under  [10/31/2008 01:17 PM]
Daily Mail campaign:One in ten small firms has been brought to the brink of collapse by the economic crisis, research reveals today
Hedge funds face Volkswagen share storm  [10/31/2008 01:17 PM]
Volkswagen briefly became the world's biggest company as it motored into a share dealing storm that could leave a number of top hedge funds with heavy losses
Economy holds US election key  [10/31/2008 01:17 PM]
One of the first tasks for next week's election victor, widely assumed to be Barack Obama, will be to rebuild economic confidence
Midas Extra: Phaunos and May Gurney  [10/31/2008 01:17 PM]
With-profits dumped for sexier subjects  [10/31/2008 01:17 PM]
Brokers are betting blind and may leave you broke  [10/31/2008 01:17 PM]