The boss of BT has revealed that the telecoms giant is the latest to face a Budget cost hit, with an extra bill of around £100 million, and could look to hike prices to help offset the impact.
Chief executive Allison Kirkby said the group would go “harder and faster” with cost-cutting efforts to help counter the soaring tax increase due next year from the Government’s decision to raise employers’ National Insurance (NI) contributions.
