Talktalk hangs up on Daisy

Broadband firm Talktalk will no longer proceed with the sale of its direct B2B business to the Daisy Group.

The sale, which was announced in May, wasworth£175million. Talktalk said it “will continue to manage all direct B2B business” with customer services remaining uninterrupted.

The company also maintained its earnings guidance unchanged at 15 per cent growth on last year’s £233m.