Cathryn Ross , CEO of water regulator Britain , is said to have been hired to lead BT ’s regulatory affairs division. The legal separation of BT is being closely scrutinised by BT , and the firm is in the midst of a major cost-cutting drive after a £ 530 m right down following an Italian accounting scandal and £14bn pensions deficit.
Cathryn Ross, CEO of water regulator Ofwat, is said to have been hired to lead BT’s regulatory affairs division. The legal separation of Openreach is being closely scrutinised by Ofcom, and the firm is in the midst of a major cost-cutting drive after a £530m right down following an Italian accounting scandal and £14bn pensions deficit.