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Gavin Patterson

The latest news and comment on Gavin Patterson

April 2021

  • Manchester United v Arsenal

    European Super League clubs promised €200m-€300m ‘welcome bonus’

    JP Morgan commits €3.25bn to getting breakaway competition off the ground

October 2018

  • Telecoms giant BT has appointed Worldpay boss Philip Jansen as chief executive.

    Worldpay's Philip Jansen named BT chief executive

    The businessman will take on the role from Gavin Patterson in 2019, on a salary of £1.1m

July 2018

  • Gavin Patterson, BT's outgoing chief executive

    BT hit by shareholder revolt over outgoing chief's £2.3m pay

  • Gavin Patterson

    Observer business agenda
    BT bids farewell to the wrong man with the right plan

    Angela Monaghan

June 2018

  • A Russian Proton-M rocket carrying the British communications satellite Inmarsat-5 F3 blasting off.

    Business live
    Inmarsat rejects takeover approach; G7 worries hit markets - as it happened

    All the day’s economic and financial news, as investors worry that world leaders will clash over trade at the G7 meeting in Quebec
  • Gavin Patterson, chief executive BT Group

    BT chief executive Gavin Patterson to leave this year

    Move comes amid growing shareholder dissatisfaction with his performance
  • Gavin Patterson

    BT chief executive Gavin Patterson faces shareholder backlash

    Chairman meeting investors ahead of AGM to discuss complaints about leadership

May 2018

  • Gavin Patterson, head of BT

    BT paid chief £2.3m shortly after revealing 13,000 job cuts

    Annual report shows group missed profit and revenue targets by some distance
  • Some of the job losses will be offset by an Openreach recruitment drive.

    BT to axe 13,000 jobs and move out of central London HQ

    Two-thirds of losses to be in UK, mainly from back office and middle management, as firm tries to save £1.5bn
  • A man passes a British telecom logo

    BT expected to cut 6,000 jobs

    Axe likely to fall on management and back-office staff as telecoms giant looks to boost share price

February 2018

  • A camera operator at a live football match

    BT chief: We don't need Premier League rights

    Gavin Patterson says firm has ‘Plan B’ if price for live football coverage goes beyond top bid

November 2017

  • Nils Pratley

    Nils Pratley on finance
    Interest rate hikes are all about timing, which makes this rise bizarre

    Nils Pratley
    The Bank of England cut rates last year to deal with a Brexit downturn that didn’t happen but it raised rates now when the risks feel more immediate

March 2017

  • Ronaldo lifts the Champions League trophy

    BT chief attacks rampant price rises for TV sports rights

    Telecoms giant says price rises are becoming unsustainable as it battles Sky for £1bn-plus rights to air Champions League

January 2017

  • Cartoon showing that Gavin Patterson has a lot of problems on his hands at BT.

    Business leader
    After the Italian job, BT boss must make sure success doesn’t blow up in his face

    The accounting scandal, plus news of a slowdown in business, will make investors less likely to allow Gavin Patterson any leeway
  • Nils Pratley

    Nils Pratley on finance
    BT's shareholders will remember this profit warning for years

    Nils Pratley
    The global telecoms firm’s Italian unit has blown a hole in this year’s numbers and shredded BT’s reputation for solidity
  • A woman passes a BT logo

    BT loses almost £8bn in value as Italy accounting scandal deepens

    Shares plunge 21% after bill for mismanagement at Italian division almost quadruples to £530m

October 2016

  • Fibre optic cables

    Unanswered questions
    Is Theresa May serious about sorting out rural broadband?

    BT’s boss has threatened 10 years of litigation if the government forces through structural separation. Only time will tell how far the prime minister is prepared to go

February 2016

  • Nils Pratley

    Nils Pratley on finance
    Openreach decision is an upgrade for all – as long as Ofcom gets sums right

    Nils Pratley
    BT will not be broken up and its rivals have a more level playing field on which to operate, but the pressure is now intense to deliver on the deal

January 2016

  • BT Sport Jose Mourinho interview

    A year of challenging fixtures for BT’s Gavin Patterson - on the field and off

    After successes in TV sports and drama, BT’s chief executive must now face Ofcom over Openreach

January 2015

  • Angela Ahrendts

    From Apple to airports: the movers and shakers of the next 12 months

    Observer writers chose the big hitters of the business world they tip to make the news in the next year
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