BT blames human error as it reveals £500m pensions deficit gaffe

It follows the company’s 2017 accounting scandal, which wiped £8bn off its valueBT has revealed another accounting error after the company’s pension deficit was underestimated by £500m.The telecommunications company, which saw £8bn wiped off its stock market value in 2017 when it admitted to an accounting scandal at its Italian unit, blamed the latest gaffe on an “isolated human error”. Continue reading...