BT insists Italian scandal is under control as profits plunge

Telecoms group’s chief refuses to say if he will hand back any of his bonuses as it is confirmed Europe head has resignedBT’s chief executive has sought to reassure investors that an accounting scandal in Italy which wiped £8bn off the company’s market value is under control, but refused to discuss whether he should pay back some of the bonuses he received during the period of mismanagement. Announcing a 37% slump in third-quarter profits, Gavin Patterson said shareholder