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Lastly, on behalf of the whole team we would like to express our gratitude for your support over the years as we continue to grow and expand the service. BT Group chief executive Gavin Patterson will step down later this year after the telecoms giant’s board wielded the axe after pressure from major shareholders. London stocks were still firmly in the red by midday on Friday as investors adopted a risk-off strategy ahead of what could be a heated G7 summit in Canada. 1544: The pound is off its worst, but down 0. 3389, is helping erase the FTSE’s losses. The blue chip index was just in positive territory an hour and a half ago but is back in the red by 0. Lloyds Bank on Friday said it had sold its remaining 3.