Former minister in line to chair BT - News Summed Up

Former minister in line to chair BT


Baroness Fairhead has indicated in the past that she would like to become chairwoman of a leading public companyA former government minister and head of the BBC Trust is said to be in the frame to become the next chairwoman of BT. Baroness Fairhead signalled her interest in a high-ranking City role, and described chairing companies as “sort of a natural place for me”, when she left Whitehall two years ago. SponsoredThe Conservative peer has emerged as a contender to chair Britain’s biggest telecoms business, according to The Sunday Telegraph, which said that a shortlist had yet to be compiled. BT, valued at £17 billion, has nearly 30 million customers. Shares in the group, knocked by rising investment costs in new 5G and full-fibre broadband networks, as well as by increased competition and


Source: The Times May 30, 2021 23:02 UTC



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