BT loses more than 800,000 broadband customers in a year as telecoms giant unveils new cost-saving plan

BT has announced plans to deepen its cost-cutting measures by an additional £700 million over the next four years, as the telecoms giant reported losing more than 800,000 broadband customers.

This move elevates its total cost-saving target to £3.7 billion, up from the previous £3 billion, and extends its restructuring programme by a year to March 2030.