Tough work

BT’s Ben Verwaayen leaves behind a tough job. The UK telecoms group chief executive of six years delivered a decent set of valedictory results. Yet if Sir Christopher Bland - the group’s former chairman who stepped down nearly a year ago - left statesman-like in a Rolls Royce, Verwaayen is departing in a rather less impressive Ford Mondeo. Verwaayen ensured some good headlines. BT delivered its 24th consecutive quarter of earnings per share growth, taking its full year figure up 5% to 23.9p. It...