You can find the News section by going to Sitemap > At Home > scroll down to Hot Topics, and then there's a News section.
You should be able to create a shortcut, but not sure(?).
Ribblelancs, thank you for that tip. I found sitemap by scrolling to bottom of screen and found news where you said it would be. I couldn't find a way to add it my menu. What I did do was save it as my home page to replace the BT.com page I had previously saved as the url was different, it had /news then a string of numbers in it after the bt.com.
If News saves as your homepage, then you will be able to save it as a shortcut, if required.
For ie11, it would be right click on News , then "add to shortcuts". (you can add the shortcut to ie11 menu bar).
It's gone from mine too and when I went on Help and "chatted" to advisers neither of them appeared to understand what I meant by my Home Page! Needless to say I still don't have the News button. I also used it for web searches. Hey Ho!