BT has told staff that it could offer more financial support to those hit hardest by the cost of living crisis as it frees up cash thanks to a government energy subsidy for businesses.
The chief executive, Philip Jansen, told workers that he would be able to table a new proposal to the Communication Workers Union (CWU), which represents about 40,000 of the company’s 100,000 employees, to bring an end to talks over a pay deal that has seen the two sides at loggerheads since April and the first national strike action in 35 years.