Vodafone Announce Huge Losses

Vodafone Announce Huge Losses A bad day today for Vodafone, who racked up the largest ever loss in British corporate history. A loss of bearly £14.9 billion ($27.9 billion) was incurred after the company wrote off £23.5 billion of the value of overseas businesses. They also plan to cut 400 jobs at their HQ in Newbury in an attempt to save cash.

Link – Sky News

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