BT CEO Says Energy Subsidy Unlocks Talks for Extra Staff Support
- Cap on BT energy bill enables ‘targeted’ staff support: CEO
- BT and union have been locked in pay dispute since April
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BT Group Plc could offer staff more financial support amid the cost-of-living squeeze and an ongoing dispute with its biggest union on pay, thanks to a government energy subsidy.
On a Wednesday all-staff video call, excerpts of which have been seen by Bloomberg, Chief Executive Officer Philip Jansen said BT could afford more following the UK’s Energy Bill Relief Scheme, launched in September, which capped business energy bills. The former state telecom monopoly uses close to 1% of Britain’s electricity.