business and finance

BT Jobs Cuts, and other stories

BT will be cutting 13,000 jobs in the next three years

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The telecoms giant is seeking to cut management and back-office roles, in a bid to reduce costs by £1.5 billion.

Although this represents around 12% of the company’s current work force, BT have confirmed that around a third of the cuts will come from outside the UK.

However, the company has stated that it would be hiring 6,000 new employees to ‘support network deployment and customer service’.

US detainees released by North Korea welcomed home

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President Donald welcomed the former prisoners stating that it was a ‘special night for these really great people’.

The White House said the men had been freed as a gesture of goodwill ahead of the scheduled meeting between Mr Trump and North Korean leader Kim Jong-un.

The date and time of this meeting are yet to be announced.

Malaysia’s Mahathir Mohamad set to be the world’s oldest leader at 92

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The former Prime Minister came out of retirement to gain a shock victory against his ex-protégé Najib Razak.

He ousted the Barisan Nasional (BN) coalition, which has been in office since 1957 and has recently been dogged by corruption allegations.

Mr Najib said he will ‘accept the verdict of the people’, but sources inside the country say a smooth transition between leaders will not be easy after such major political upheaval.

‘The biggest modernisation of our railway since Victorian times’

Transport Secretary Chris Grayling has announced that all new trains and signalling will be digital or digital ready from 2019.

The ‘digital railway strategy’ aims to provide faster, safer, more frequent and more punctual trains.

The stratergy is being launched today in York, on the Transpennine route which connects York, Leeds, Manchester and Liverpool.

It will be the country’s first digitally controlled intercity railway route.

 

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