Virgin Media O2 has confirmed plans to axe thousands of UK jobs under aims to slash costs by around £800 million a year by 2029 as it battles intense competition and a mounting debt pile.. Read MoreShare this ArticlePrevious ArticlePrivate Sector Pension Savers To Be Given Simpler Options To Take An IncomeNext ArticleAndrew Scotts Elsinore Leads British Independent Film Awards NominationsNews Editor