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BT shows signs of progress and unveils £3bn in cost cuts

Free cash flow growth forecast as capex commitments peak
May 16, 2024
by Michael Fahy
  • New £3bn cost-saving plan announced
  • Net debt pile grows by £600mn to £19.5bn 

It isn’t a major surprise that BT Group (BT.A) remains one of London’s most shorted shares. 

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