BT is set to close more than 270 of its locations across the UK, as the company looks to streamline costs in the years ahead.

The telecommunications giant said it will reduce its 300 offices to just 30 as part of its ‘Better Workplace Programme’.

Nevertheless, Ipswich, Edinburgh, Belfast, Birmingham, Bristol, Cardiff, London and Manchester have been named as key cities for the business.

BT is also looking to finalise a deal to sell its London headquarters in St Pauls, where it has been located since 1874.

Last year, the FTSE 100 group announced it would be cutting as many as 13,000 jobs, in a bid to save £1.5 billion in costs.

The firm has also recently welcomed a new chief executive, Philip Jansen, who has been at the helm since February of this year.

Jansen took over from Gavin Patterson, who had been chief executive of BT from 2013 until 2019.

In May, the telecoms provider reported a 1% fall in reported and adjusted revenue in its final results, as consumer growth was offset by price regulations for OpenReach.

As it stands, BT employees 52,000 people across the UK.

Shares in the London-listed firm (LON:BT.A) are currently down 11:38AM (GMT).