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BT Chairman Vallance Quits

After many years of poor results, lack of direction and managerial ineptitude, BT chairman Vallance has finally stepped aside, apparently saying that he would have left sooner if a suitable replacement could be found. Judging by his track record in running BT, finding anyone who could have done a better job would not have been difficult.
Following the departure of Vallance, BT have located a suitably conservative replacement in the aptly named Christopher Bland.
Sadly, don't expect anything to change, anytime soon at BT.