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EthicsLatest NewsHR strategy

BT donates £45,000 from staff share scheme to charities chosen by employees

by Greg Pitcher 2 Mar 2007
by Greg Pitcher 2 Mar 2007

BT, HBOS and Lloyds TSB have given £45,000 from a BT staff share scheme to charities chosen by employees.


The BT Employee Share Ownership scheme offers employees the opportunity to buy BT shares at a discount using the proceeds of savings contracts with the Halifax.


A small amount of money is often left over when this option is taken up, and this amounted to £15,000 when two BT share plans matured this financial year.


HBOS Employee Equity Solutions, which administers the plan, gave a further £15,000, as did Lloyds TSB Registrars, which provides BT shareholders with a share dealing service.


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BT director of corporate governance, Alan Scott, said: “BT is delighted to be able to make these generous donations to charities that genuinely reflect the interests of our employees.”


The charities that received donations of £5,000 each were:




  • Addison’s Disease Self Help Group


  • The British Wireless for the Blind Fund


  • Get Kids Going


  • The National Deaf Children’s Society


  • The Not Forgotten Association


  • Vitalise


  • The Way Foundation (Widowed and Young)


  • ChildLine


  • The National Society for the Prevention of Cruelty to Children (NSPCC).
     
     

Greg Pitcher

previous post
Government report admits link between lack of job opportunities and ethnic and religious backgrounds
next post
Amicus union membership in financial services sector increased by 150% in 2006

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