Big hit for BT, Risk-off in the markets - Tip TV

Mar 27, 2017, 11:31 AM

BT has been smacked with a £42m for its failure via Openreach to compensate other telecoms providers for delays to fixing leased line "Ethernet" services,

Independent Market Analyst Matt Brown says it is a big hit for the BT… good for Vodafone. He adds, “BT will also be fined £300,000 for failing to provide information to Ofcom”

Key points

· Republicans will get behind Trump when it comes to tax cuts and fiscal spending · Oil: It’s going to be hard for prices to get back into the $50-$60 range. The focus is on what the OPEC does · There is more downside to the Russell 2000 index · Burberry rally was more due to Pound… and is more exposed to China

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