BT Group

Ticker BT.A

Today's data summary

Market open
% change
+0.46%
Price Pence
222.52
Change
+1.02
As of 15:32 26 Mar 2019
Market cap. Pound sterling
22,073.30 million
As of 15:31 26 Mar 2019

Latest updates

London movers

pound coins
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Shares in Metro Bank have lost another 11% and are now at record lows in the continued fall-out from last week's trading update.

In the FTSE 100 index, Standard Life Aberdeen was down 5% while Unilever, which is stock piling for Brexit, was off 2%.

But drinks company Diageo, which is close to record highs and reported results earlier, ended the day almost 5% higher as did Shell, which also reported results, and rose nearly 4%.

Shell rises to the top of the FTSE

Shell sign
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The FTSE 100 is now 0.42% ahead at 6,970.60.

Royal Dutch Shell is leading the blue chip risers - up 4.2% at £23.81 - after reporting a strong rise in fourth quarter and full-year profits.

It is closely followed by drinks maker Diageo which also announced strong financials, in its case for the interim period. Its share price is up 4% at £28.84.

Other firms reporting figures today saw their stock prices fall. Unilever is down 4.36% at £39.12 ahead of BT Group which is off 3% at 226.8p.

BT Group's Patterson hands over the reins

Philip Jansen (R) and Gavin Patterson (L)
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Gavin Patterson (L) is being replaced as BT's chief executive by Philip Jansen

BT's outgoing chief executive Gavin Patterson says he is "handing over the business with good momentum" to his successor Philip Jansen.

The telecoms giant reported a 20% rise in pre-tax profits to £2.1bn for the nine months to 31 December.

But shares fell by 2.8% to 227.45p in early trading. Revenue for the nine months fell 1% to £17.5bn.

BT said it will stick to its forward outlook "notwithstanding significant market and regulatory pressures".

Good morning!

Welcome to Business Live.

It is a day of firsts for Unilever.

The consumer goods giant will report its first results since Alan Jope took over as its chief executive and they are the first annual figures since Unilever - under former boss Paul Polman - was forced to abandon plans to move its headquarters to Rotterdam.

Telecoms giant BT Group will provide a market update as will Royal Dutch Shell.

The eurozone will publish its fourth quarter and full year GDP data - but the forecasts aren't too rosy.

And talks between the US and China over trade tariffs continue in Washington. We'll be keeping an eye on the President's tweets.

As always, we'd love to hear from you. Email Business Live at bizlivepage@bbc.co.uk

BT problems now fixed

BT twoer
BT

A BT spokesperson says its service is now back to normal.

“Yesterday afternoon some mobile customers were affected by an issue which was preventing some SMS or MMS messages being delivered.

"We can confirm the issue has been fixed and we apologise for any inconvenience caused.

"Throughout phone calls and all mobile data services, including messaging services like WhatsApp and iMessage continued working as normal," a spokesperson said in a statement.