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Evening Star News

Man denies involvement in killing of Tavis (3 hours old)

A man accused of murdering Tavis Spencer-Aitkens has denied having anything to do with the Ipswich teenager’s stabbing.

More than 330 jobs are saved in last-minute reprieve (3 hours old)

A firm that faced the prospect of complete collapse has been spared in the final hour by a buyout that secures the future of its office in Sudbury.

Restaurant review, Tuddenham Mill: “The set lunch menu here is one of Suffolk’s best kept secrets” (4 hours old)

Our food and drink editor said this place took the humble soup and a retro dessert to the next level.

WATCH: Shocking film shows journalist’s psychotic episode which he claims was caused by vaccine (4 hours old)

An award winning journalist from Suffolk is calling for an investigation into a vaccine which he claims caused his “meltdown” into insanity.

Two men given lengthy prison sentences for string of burglaries (4 hours old)

Two men from Mildenhall have been given lengthy jail sentences after they were sentenced for a string of burglaries ain the Suffolk town.

Upper Orwell Crossing plan to be dropped – after millions already spent on Ipswich project (5 hours old)

Proposals to build three new bridges across the River Orwell in Ipswich to help ease congestion in the town centre are set to be formally abandoned next week – leaving more than £8m spent with nothing to show for it.

Charity campaign raises an amazing £100,000 (5 hours old)

A charity campaign, set up in memory of Suffolk building firm boss Nick Fayers, has raised an amazing six-figure sum for charity in only a year.

Suffolk unveils £45m plan to create hundreds of special educational needs places (5 hours old)

Plans have been unveiled to pump up to £45.1million into creating hundreds of special educational needs places in Suffolk, in a bid to meet soaring demand.

Should older people be kicked off the road? And what is the law regarding seatbelts? (6 hours old)

In light of the recent accident involving HRH Prince Philip, our columnist finds out exactly what the laws are relating to older people driving and says we shouldn’t write them off.

Namco Funscape to come down as Morrisons develops Ipswich site (7 hours old)

The former Namco Funscape building off Sproughton Road is set to be demolished as part of a major redevelopment of the Morrisons superstore site.

UK homepage

Brexiters feel heat as prospect of exit delay grows (1 hour 38 minutes old)

Eurosceptics look for reasons to back May’s deal if terms are improved

Londonderry attacks spark Brexit violence fears (2 hours old)

Warnings that introduction of hard border would mean possibility of new unrest

NHS England’s digital chief criticised after joining start-up (2 hours old)

Juliet Bauer extolled virtues of Kry without disclosing she had been hired by the app

Cautious Aachen treaty betrays weak ‘Merkron’ axis (3 hours old)

Rhetoric of deeper ties does not live up to limited results

France fines Google €50m in test for EU data laws (6 hours old)

Watchdog finds US tech giant guilty of breaking Brussels privacy regulations

Billionaire hedge fund founder buys £95m London home (11 hours old)

Ken Griffin’s purchase of No 3 Carlton Gardens comes amid high-end property market slump

Can tech save bricks and mortar retail? (6 hours old)

Stores turn to augmented reality, robots and smart mirrors in battle against Amazon

Debt machine: are risks piling up in leveraged loans? (17 hours old)

Regulators fear looser lending standards for low-rated companies could precipitate the next downturn

Bill Winters still digging through ‘fertiliser’ at StanChart (11 hours old)

Stakes are high for the bank’s boss as he prepares a strategy update for February

China’s economy grows at slowest annual rate since 1990 (3 hours old)

Fourth-quarter GDP figure slips to 6.4% as trade war hits consumer sentiment

© Copyright The Financial Times Ltd 2019. "FT" and "Financial Times" are trademarks of the Financial Times. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse.

Business | The Guardian

Pre-Davos survey shows sixfold rise in global CEOs' gloom (3 hours old)

Rising protectionism and slide in US-China ties fuel pessimism of chief executives, says PwCPessimism among chief executives has risen sharply in the past 12 months as the leaders of the world’s biggest companies have taken fright at rising protectionism and the deteriorating relationship between the US and China.The survey of chief executives conducted by the consultancy firm PwC to mark the start of the World Economic Forum in Davos showed a sixfold increase to 30% in the number of CEOs expecting global growth to slow during 2019. Continue reading...

IMF: no-deal Brexit and Chinese slump are biggest economic risks (9 hours old)

Escalation of Trump’s trade war with China also a threat, says World Economic OutlookA no-deal Brexit and a sharper slowdown in China are the biggest risks to growth in the global economy in 2019, the International Monetary Fund has warned in its latest economic outlook.Amid already falling levels of growth in Europe, China and Japan, the IMF said an escalation of the trade war between Donald Trump and Beijing over the coming months and the UK tumbling out of the EU without a deal would force further downgrades in its forecasts for growth. Continue reading...

Why are wages so low for garment workers in Bangladesh? (3 hours old)

Country offers cheap labour and manufacturing expertise – with often limited oversight Revealed: Spice Girls T-shirts made in factory paying staff 35p an hourHow can a charity-backed T-shirt come from a dismal factory where staff are abused and do gruelling work for low pay?The Spice Girls and Comic Relief said they had checked the ethical sourcing credentials of Represent, the online retailer commissioned to make the T-shirts that have caused a furore, but it had subsequently changed manufacturer without their knowledge. Represent said it took “full responsibility” for problems identified by [...]

Patisserie Valerie shareholders frustrated by lack of information (2 hours old)

Struggling cafe chain says update will be given when talks with banks concludeShareholders in Patisserie Valerie have expressed frustration at a lack of information from the cake and cafe business, which is struggling for survival as it tries to secure support from its banks.The company, which operates 200 cafes and employs nearly 3,000 staff, has been seeking to extend a standstill agreement on its bank facilities. The agreement protects the business from action to recover debts and it officially expired at midnight on Friday. Continue reading...

Council urges ban on housing benefit being paid to rogue landlords (7 hours old)

Brent paid £500,000 to Bernard McGowan despite him failing the ‘fit and proper’ testA London council that banned a rogue landlord and then directly paid him more than £500,000 in housing benefit has called on the government to legislate to prevent local authorities from making similar payments in the future.The move by Brent came after the Guardian revealed the borough made repeated payments of taxpayers’ money to Bernard McGowan, who has a £30m property empire and failed the council’s “fit and proper” test in 2015. Continue reading...

Google fined record £44m by French data protection watchdog (5 hours old)

CNIL found that company failed to offer users transparent information on data useThe French data protection watchdog CNIL has fined Google a record €50m (£44m) for failing to provide users with transparent and understandable information on its data use policies.For the first time, the company was fined using new terms laid out in the pan-European general data protection regulation. The maximum fine for large companies under the new law is 4% of annual turnover, meaning the theoretical maximum fine for Google is almost €4bn. Continue reading...

Brexit bites: more than 200 products subject to shrinkflation, says ONS (10 hours old)

Firms use stealth tactics to offset rising costs and competition on the high streetMore than 200 different consumer products, from toilet roll to chocolate, have shrunk in size as manufacturers and retailers use stealth tactics to offset rising costs and increasing competition on the high street.According to figures from the Office for National Statistics, as many as 206 products were made smaller between September 2015 and June 2017 – more than double the number that increased in size. Continue reading...

US hedge fund tycoon buys £95m house near Buckingham Palace (7 hours old)

Ken Griffin’s London purchase becomes most expensive home sold in the UK since 2011A billionaire US hedge fund manager has bought a Grade II*-listed Georgian mansion within sight of Buckingham Palace for almost £100m.Ken Griffin, the 152nd richest person in the world with an estimated $8.8bn (£6.8bn) fortune, purchased 3 Carlton Gardens, which overlooks the Mall and St James’s Park in central London, for £95m. Continue reading...

Carlos Ghosn offers to wear ankle tag if he is granted bail in Japan (11 hours old)

Court has already rejected one bail request from ex-Nissan boss, saying he is a flight risk Carlos Ghosn has vowed to remain in Japan in the unlikely event he is granted bail, even offering to wear an electronic ankle tag and hire security guards to track his every move as he awaits trial on financial misconduct charges.The former Nissan chairman has been in detention since he was first arrested on 19 November in a case that has rocked Japan’s car industry and cast doubt over the future of the carmaker’s alliance with Renault. Continue reading...

Just Eat chief executive Peter Plumb makes surprise exit (12 hours old)

Takeaway ordering website’s boss leaves after investment drive that slowed growth The Just Eat chief executive, Peter Plumb, is stepping down with immediate effect, only 16 months after he joined the British takeaway ordering website and launched an investment drive that slowed earnings growth.Plumb, who joined from MoneySavingExpert.com on a base salary of £695,000, upgraded Just Eat’s technology and launched its own delivery service to address intensifying competition from Deliveroo and Uber Eats. Continue reading...

Guardian News and Media Limited or its affiliated companies. All rights reserved. 2019

Telecoms

Turkcell chief rings upbeat note after torrid 2018 (5 hours old)

Turkey’s largest mobile operator pins hopes on expansion into digital services

Huawei chief warns of job losses amid 5G concerns (1 day old)

Ren Zhengfei says tech group must prepare for ‘times of hardship’

China warns Canada against blocking Huawei from 5G (3 days old [18/01/19])

Ambassador’s statement further raises tensions between Beijing and Ottawa

Germany looks to ban Huawei from 5G (3 days old [18/01/19])

Berlin turns against China tech group as Oxford university stops accepting research funds

Germany looks to exclude Huawei from 5G buildout (4 days old [17/01/19])

German government is considering introducing security requirements for 5G buildout

Huawei founder Ren Zhengfei in his own words (6 days old [15/01/19])

Excerpts from rare public appearance by Chinese telecoms magnate

Reclusive Huawei founder: we don’t spy for China (6 days old [15/01/19])

Ren Zhengfei speaks out after arrest of his daughter in Canada

Telecom Italia braces for Vivendi-Elliott clash (7 days old [14/01/19])

Annual meeting is brought forward after media group demands board members’ departures

Security threat is no reason to relax EU competition policy (7 days old [14/01/19])

The chimera of industrial champions is the wrong answer to China

Huawei sacks employee arrested in Poland over spying (9 days old [12/01/19])

Telecoms group says alleged actions of the man have no relation to the company

© Copyright The Financial Times Ltd 2019. "FT" and "Financial Times" are trademarks of the Financial Times. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse.

Technology sector

NHS England’s digital chief criticised after joining start-up (2 hours old)

Juliet Bauer extolled virtues of Kry without disclosing she had been hired by the app

France fines Google €50m in test for EU data laws (6 hours old)

Watchdog finds US tech giant guilty of breaking Brussels privacy regulations

Can tech save bricks and mortar retail? (6 hours old)

Stores turn to augmented reality, robots and smart mirrors in battle against Amazon

Davos: Will 2019 bring Big Tech to heel or lead to ‘splinternet’? (11 hours old)

Lobbyists fight regulation but privacy and antitrust are ripe for reform

FT readers’ fears and hopes about artificial intelligence (17 hours old)

Is it possible to replicate the human brain? Do we even want to?

Banks embrace fintech to exploit disrupter expertise (22 hours old)

Barclays and Santander lead £26m investment into UK-based lender MarketInvoice

Foxconn December sales fall as consumers abandon iPhone (23 hours old)

Apple suppliers take hardest hit as Taiwan tech sector contracts in final month

Huawei chief warns of job losses amid 5G concerns (1 day old)

Ren Zhengfei says tech group must prepare for ‘times of hardship’

Market delivers humiliating verdict on Dell (1 day old)

Languishing equity price means core computer business is valued at less than nothing

Chinese drone maker DJI finds $150m in employee fraud (2 days old [18/01/19])

Company fires 29 workers after finding widespread embezzlement

© Copyright The Financial Times Ltd 2019. "FT" and "Financial Times" are trademarks of the Financial Times. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse.

BBC News - Business

HMRC error hits early-filing taxpayers (5 hours old)

The tax authorities have been forced to apologise for two mistakes - wrongly charging penalties and for denying it had made the mistake.

IMF warns trade tensions could hit growth (4 hours old)

The Fund cuts its 2019 growth prediction from 3.7% to 3.5% and says trade spats could make things worse.

Google hit with £44m GDPR fine over ads (5 hours old)

Google has been fined 50 million euros (£44m) by the French data regulator CNIL.

BAE Systems sells control of vehicles arm to Rheinmetall (7 hours old)

Defence giant BAE Systems sells majority stake in tank and armoured vehicle business to Rheinmetall.

Shrinkflation: Bread and breakfast cereals most affected (8 hours old)

Bread and cereal products are most likely to have shrunk in size, but remained at the same price.

Rolls-Royce vies for UK nuclear role (7 hours old)

It is in talks with China's state-run CGN over providing systems for a new UK nuclear plant.

Poundland 'gift of nothing' sparks criticism (12 hours old)

The retailer's Valentine's Day gift, an empty heart-shaped package, angers environmental groups.

Facebook to create 1,000 jobs in Ireland in 2019 (8 hours old)

The social media giant will expand its workforce in Ireland from 4,000 to 5,000 during 2019.

Amazon, Apple and Google face data complaints (6 hours old)

The entertainment streaming giants are accused of breaking the EU's data protection rules.

China economy: Annual growth slowest since 1990 (13 hours old)

A damaging trade fight with the US is adding to worries in China as its economic slowdown deepens.

Copyright: (C) British Broadcasting Corporation, see http://news.bbc.co.uk/2/hi/help/rss/4498287.stm for terms and conditions of reuse.

UK equities

Kingfisher dives on fears over French division (2 hours old)

Worries about online offering, product range and structural issues lead to downgrade

Stocks to watch: Henkel, William Hill, Kingfisher (8 hours old)

Daily Mail at risk from rising newsprint costs and stalled events growth, says Citigroup

UK corporate dividends break new record in 2018 (17 hours old)

Rise in payouts to investors comes despite rock performance in stock market

Hope of rich pickings from rivals’ deal lifts Morrison (3 days old [18/01/19])

Grocer could double earnings by buying cast off from Asda-Sainsbury merger, says HSBC

Stocks to watch: Sophos, Tesla, Tiffany, Antofagasta (3 days old [18/01/19])

Cheap credit has left banks comfortably numb to Europe’s slowdown, says Redburn

Apocalypse now talk has drowned out Brexit opportunities (3 days old [18/01/19])

Calmer minds will be looking beyond March 29 and seeing bargains in British businesses

The London Report: investors turn off ITV (4 days old [17/01/19])

Efforts to lure ‘digital natives’ will crush profits of terrestrial broadcasters, say analysts

Stocks to watch: Morgan Stanley, SocGen, ITV, easyJet, Just Eat (4 days old [17/01/19])

Digital natives will force broadcasters to make big online investments, says Merrill Lynch

Hopes of Brexit delay lift UK housebuilders (5 days old [16/01/19])

Speculation over exit aids domestic stocks such as Taylor Wimpey and Persimmon

New investors: don’t be afraid to ask stupid questions (5 days old [16/01/19])

For beginners, the world of investment is a minefield of jargon

© Copyright The Financial Times Ltd 2019. "FT" and "Financial Times" are trademarks of the Financial Times. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse.

Opinion

Taxi for Just Eat CEO as Uber and Deliveroo serve up competition (1 hour 26 minutes old)

Some find group’s prospects not worth waiting for, but others see recipe for success

France and Germany reaffirm their treaty vows (3 hours old)

Aachen accord offers no big advance to EU’s indispensable friendship

Casino: another roll of the dice (5 hours old)

Sale-and-leaseback deals are no panacea

End of European QE could hit other markets (5 hours old)

Investors in other parts of the world should be looking on nervously

Henkel: rinse and repeat (5 hours old)

German group’s extra spending will further squeeze short-term profitability

William Hill: scrappy spanks giving (5 hours old)

US expansion will continue to sap earnings and lower dividends are to be expected

PG&E/hedge funds: the fire this time (5 hours old)

Investors battle powerful adversaries for a share of US utility’s remaining value

Standard Chartered/Temasek: tiger balm (6 hours old)

Bank needs to get smaller to achieve return on equity targets

Corbyn is failing the Brexit test (6 hours old)

The Labour leader’s refusal to step into the vacuum left by May’s defeat is misguided 

EU takes a welcome lead on AI regulation (7 hours old)

It is developing an ethics framework that will foster consumer confidence

© Copyright The Financial Times Ltd 2019. "FT" and "Financial Times" are trademarks of the Financial Times. See http://www.ft.com/servicestools/help/terms#legal1 for the terms and conditions of reuse.

Ipswich