BT trims sales forecast and says it has cut another 2,000 jobs

Half-year pre-tax profits drop 10% to £967m in ‘competitive retail environment’Business live – latest updatesThe telecoms company BT has cut its annual sales outlook and revealed another 2,000 jobs have gone under a long-term plan to cut costs.It reported a 10% drop in pre-tax profits to £967m for the six months to 30 September as revenues fell 3% to £10.1bn amid a “competitive retail environment”. Continue reading...