Feb 1, 2017
TalkTalk: reconnecting
A different flame is being rekindled by Baroness Dido Harding's impending separation from TalkTalk, where she is chief executive: shareholders' passion for Sir Charles Dunstone, who becomes executive chairman. A hop in the shares showed that investors believe Sir Charles can do just that at the broadband group. TalkTalk has little scope to finance this with debt. Lower dividends may therefore be on Sir Charles's agenda when he takes control in May. Usually, that would be bad news. Instead, Sir Charles and new chief executive Tristia Harrison will have to grind out improvements in small, hard-won increments.
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