The Telegraph 31/01/20 | Vox Markets

The Telegraph 31/01/20

BT Group (BT.A) has warned that stripping out and replacing Huawei kit to comply with a proposed market share cap approved by the National Security Council will cost it £500m over the next five years.

Crisis-hit TSB drops bonus freeze as profits return. TSB is paying out bonuses for the first time since 2017 as the lender finally bounces back from its catastrophic IT meltdown.

Royal Dutch Shell ‘A’ (RDSA) warned it would slow the pace of share buybacks as depressed oil prices hammered its profits last year.

Mike Ashley’s Sports Direct has resolved a €674m (£568m) tax row with the Belgian authorities that almost derailed its annual results last summer.

St James’s Place boss rejects Helena Morrissey criticism of complex fees. Despite dismissing Dame Helena’s aspersions, Andrew Croft has acknowledged repeated criticism in the press has had a negative impact.

Land Rover arm continues to prop up the company as the Jaguar marque struggles. Just four models in the Jaguar Land Rover stable increased their sales in the last quarter as the carmaker continued to buffeted by tough markets at home and abroad.

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