BT boss in isolation

The price of shares in FTSE 100 telecoms firm BT (LON:BT.A) bounced back by 6.76% to 114.58p (as of 14:05 GMT), despite its announcing that its CEO had self isolated after testing positive for COVID-19. BT said that it was working to fully deep clean the relevant parts of its headquarters and employees who have been in contact have been given the appropriate advice.

Phillip Jansen said: “Having felt slightly unwell I decided as a precaution to be tested. As soon as the test results were known I isolated myself at home.

“I’ve met several industry partners this week so felt it was the responsible thing to do to alert them to this fact as soon as I could.

“Given my symptoms seem relatively mild, I will continue to lead BT but work with my team remotely over the coming week. There will be no disruption to the business“.