An 18% stake held in BT by French billionaire Patrick Drahi’s Altice business was today called in for scrutiny under the National Security and Investment Act.
The referral by Business Secretary Kwasi Kwarteng comes after last December’s move by Altice to increase its holding in the UK telecoms business from 12.1% to 18%.
In other London corporate news, there are annual results from Auto Trader and clean air business Johnson Matthey has published its full-year results alongside a strategy update.