Lies, damned lies, and statistics
This applies to accounting as well as numbers are massaged and reporting groups structured so that the wholesale division bears the brunt of "costs".
No matter what happens, the wholesale division will be shown to be a poor performer, it would be bad for BT and weaken the case for government grants if it did well.
If they take the grant money, they share the outcome no matter what the performance of the wholesale division.
The question that remains though is how much of the grant go into "shared" "infrastructure" that the retail division needs for the footie and everything.