In a move that was mandated by the Office of Telecommunications last summer, British Telecommunications Plc yesterday announced that it was cutting by UKP40 the cost of a new line for residential customers: from June 1, it will cost UKP99; a new line for a single line business will also cost UKP99, down from UKP152.75; residential customers will also now be able to spread the cost of phone service connection by paying an initial charge of UKP25 and four quarterly payments of UKP25 – which sounds like a great deal…