Signs are that it will be some time before details of the separation of Openreach into a subsidiary company are finalised, as there are a number of legal issues under way. Meanwhile BT logos are being removed from Openreach vehicles in preparation.
Details are still awaited for areas that BT are looking at for potential cuts to BT pensions. The company will be tabling a list of ways they believe costs can be cut to allow them to divert money to shareholders. BT aims to agree cuts by 2018.
Members in BT Facilities Services – a subsidiary company from BT covering security, cleaning, and building engineering – have agreed a pay deal. The deal is complex but gives an extra boost to the lowest paid.
The pay rise recently agreed with BT (which this branch voted against) has become even more controversial as payment is now delayed to October. This is because part of the rise is not pensionable. BT will pay out interim payments at the end of June, which can be from £200 to £750 depending on grade.