BT disappointed by Ofcom pension veto
Thursday 16 December 2010
The communications watchdog yesterday blocked BT from raising its wholesale prices to help fill the £3.8bn black hole in its pension fund.
Ofcom rejected pleas from the telecom giant to change the way it treats pension costs following consultations last December and in July, saying it saw no reason to change its approach. The prices charged by Openreach, BT's wholesale division, are set by the regulator. BT said it was disappointed by the ruling, adding that it would review the decision before deciding on its next step.
Cameron's freebie to apartheid South Africa
Nelson Mandela: 11 inspirational quotes to live your life by
Nelson Mandela: From 'terrorist' to tea with the Queen
UK weather: People urged to remain vigilant as high tides and strong winds continue through the night
Nelson Mandela death: his life in pictures
- 1 Cameron's freebie to apartheid South Africa
- 2 Is this the scariest advert ever? Japanese tyre commercial comes with its own disclaimer and health warning
- 3 A forgotten episode in Russian history leaves links with the Philippines
- 4 Australian ultra-nationalist politician Stephanie Banister in car crash immigration TV interview
- 5 Nelson Mandela: From 'terrorist' to tea with the Queen
- < Previous
- Next >
iJobs Money & Business
£150 - £250 per day: Cornwallis Elt : iPhone Rollout- Blackberry Enginee...
£55000 - £70000 per annum: Pro-Recruitment Group: A well-known and renowned in...
£450 - £500 per hour: Cornwallis Elt : Business Analyst Finance System Hy...
£400 - £550 per day: Cornwallis Elt : BUSINESS ANALYST- OPERATIONS- PRIVATE B...