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Evening Star News

Farlingaye High School donates thousands to charity (1 hour 16 minutes old)

Farlingaye High School in Woodbridge raised £22,400 through an eight mile sponsored walk around the town.

PhotoEast festival prepares to wow Ipswich waterfront next week (1 hour 44 minutes old)

Preparations are underway to turn the Ipswich Waterfront into an outdoor photography gallery for the upcoming PhotoEast festival.

Woodbridge welcomes new mayor after council AGM (1 hour 46 minutes old)

David Mortimer will take over the reigns at the head of the council from this year’s mayor, Clare Perkins.

Just one month to go until Suffolk Day 2018 - how are you celebrating? (2 hours old)

There is just one month to go until Suffolk Day 2018 - where the county gets together to celebrate what makes Suffolk the best in Britain.

College attracts crowds to its Big Day Out for potential students (11 hours old)

A fun and educational event at a college in Suffolk attracted around a thousand visitors on Sunday.

Body found on remote Suffolk marshes near scene of illegal rave (11 hours old)

Police are investigating after a man’s body was found on Suffolk marshland just hours after they had been called to an illegal rave in the area.

Police appeal after teenager assaulted in Lowestoft (12 hours old)

Police are investigating after a teenager reported being sexually assaulted in Lowestoft.

Nightlife: Were you in Yates in Ipswich on Saturday? (14 hours old)

Can you see yourself or someone you know in our photo gallery? All pictures were taken at Yates in Ipswich on Saturday, May 19.

East Anglia’s timetables see little change – but a rail revolution is coming (14 hours old)

Rail timetables on services in many parts of Britain change dramatically on Monday as companies bring in new trains with different service patterns.

‘Put wellbeing ahead of exam grades’ say Samaritans (15 hours old)

Samaritans is calling for parents, teachers and employees to put wellbeing ahead of grades this exam season.

UK homepage

Britain looks to Australia for help on Galileo rival (8 hours old)

UK aims for first tenders for satellite navigation system by end of the year

London launches ‘Anti-Presidents Club’ fundraisers (4 hours old)

Events will raise funds for some of the charities affected by Presidents Club scandal

Britain’s biggest care home business for sale (4 hours old)

HC-One on sale for £1bn amid growing investor interest in the sector

Linklaters criticised by MPs over Russian work (8 hours old)

Focus on how money flows through UK after nerve-agent attack

UK has not renewed Abramovich’s visa (17 hours old)

Oligarch and owner of Chelsea football club returns to Russia

US and China step back from brink of trade war (15 hours old)

Mnuchin says Washington free to impose tariffs if Beijing fails to live up to commitments

‘HRTech’ spreads feel-good vibes around the office (4 hours old)

New services claim to democratise rewards, but can they improve the annual appraisal?

US politics: ‘herbal tea party’ stirs up Democrats (3 hours old)

The party has a chance to win back the House in November’s midterms, but it faces a schism between its establishment and its left flank

Ford’s Hackett faces tough test in driving change (3 hours old)

Carmaker’s share price has barely budged in the chief executive’s first year at the helm

Trump lashes out after son’s campaign meeting revealed (14 hours old)

President turns up rhetoric on probes and asks DoJ to examine if campaign was infiltrated

© Copyright The Financial Times Ltd 2018. "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.

Economy | The Guardian

Markets rally as US and China call trade war truce - business live (1 hour 9 minutes old)

US Treasury secretary Mnuchin says the trade war is ‘on hold’, bringing cheers to nervous markets 7.36am BST Britain’s blue-chip share index of top shares is likely to smash through 7,800 points for the first time ever today.City traders are predicting a rally in London, thanks to the new spirit of detente between the US and China over trade.US and China stepping back from the brink of a trade war has lifted sentiment, boosting equity indices, putting the FTSE on track for a fresh record high.Asian equities have bounced and Europe points to a higher start, as Trump’s administration halts plans[...]

Marks & Spencer to reveal dozens of store closures (15 hours old)

Staff braced for announcement as retailer’s restructuring plan gathers paceHundreds of Marks & Spencer staff will find out as soon as Monday whether their store is closing, as the retailer accelerates its retrenchment from struggling UK high streets.The M&S chief executive, Steve Rowe, is shutting 100 of its large clothing and food shops amid falling sales and profits. It has already closed 20, affecting about 900 jobs, but staff are braced for the axe to fall on another tranche of stores before the announcement of its annual results on Wednesday. Continue reading...

Russian 'dirty money' is damaging UK security, MPs say (2 hours old)

Government must stop money laundering by ‘kleptocrats and rights abusers’, which is helping Putin subvert international rulesA powerful committee of MPs has warned that the government is putting national security at risk by allowing “kleptocrats and human rights abusers to use the City of London to launder their ill-gotten funds to circumvent sanctions”. The foreign affairs select committee said the government’s lax approach to tackling international money laundering is putting money “directly into the hands of regimes that would harm the UK, its interests and its allies”. Continue reading...

Brexit blamed for dramatic fall in UK business registrations (2 hours old)

Collapse is mirrored by tumble in direct foreign investment into Britain of 90%Britain’s decision to leave the European Union has sparked a dramatic fall in the number of French, Dutch and Belgian businesses registering in the UK, in a further illustration of Brexit’s impact on the UK economy.Figures from Companies House show that French companies registered 48% fewer businesses in the UK in 2016-17 than the previous financial year while companies in Belgium registered 38% fewer. Companies in the Netherlands, which is probably the worst affected by Brexit of Britain’s trading partners, registe[...]

House price inflation in parts of Wales hits 10%, while London falls (1 hour 45 minutes old)

As buyers rush to beat the new stamp duty rates, property prices in Monmouthshire leap 11.3% in a yearA rush to beat new stamp duty rates has pushed annual house price inflation in large parts of Wales to above 10%, in sharp contrast to rapidly declining prices in London.Prices in Monmouthshire jumped by 11.3% in the year to the end of March, according to the Your Move index. But the rugged landscape of the Brecon Beacons appears to be the last refuge of the property boom, with Your Move reporting striking price falls in London. Continue reading...

Drax power station to lead fresh carbon capture trial (2 hours old)

Biomass-burning unit at facility will be fitted with pioneering technology that aims to cut emissionsDrax Group will lead a £400,000 trial to capture and store carbon at its north Yorkshire power station in an attempt to kickstart a technology that has repeatedly failed to get off the ground in the UK.The company was part of earlier efforts to build a £1bn prototype carbon capture coal plant, but pulled out in 2015 after it missed out on renewable energy subsidies. Now the firm will try again with a pioneering form of the technology, bioenergy with carbon capture and storage (BECCS), to cut em[...]

Power station boss warns against reliance on electricity imports (15 hours old)

Will Gardiner, CEO of Drax Group, says interconnectors are threat to energy securityBritain’s increasingly reliance on electricity imported from Europe threatens energy security and will import carbon emissions, according to the new boss of the country’s biggest power station.Will Gardiner, chief executive of Drax Group, said that the growing proportion of power forecast to come from interconnectors – physical links to transfer electricity across borders – would also fail to deliver the aims of the government’s industrial strategy. Continue reading...

Shell faces shareholder challenge over climate change approach (15 hours old)

Investors back resolution calling on oil giant to set tougher carbon targets in line with Paris climate deal Royal Dutch Shell faces a shareholder challenge over climate change this week, as investors insist oil and gas firms should offer more transparency and action on carbon emissions.A growing number of pension funds have backed a resolution at Shell’s AGM on Tuesday that calls on the company to set tougher carbon targets that are in line with the goals of the Paris climate deal. Continue reading...

Outcry over mass train cancellations as new Thameslink timetable begins (15 hours old)

London passengers find many of the promised new services not runningRail passengers trying to use the upgraded £7bn Thameslink service on Sunday were met with mass train cancellations and no information about why services were not running.A huge publicity drive backed Sunday’s biggest ever timetable change but, despite the big build-up, passengers trying to get into and around London found few of the promised new services were actually running. For more than a year, Govia Trains has been working on an ambitious plan to merge its Thameslink, Southern and Great Northern train operations and intr[...]

TSB customers still unable to access accounts four weeks after 'glitch' (17 hours old)

Analysts say the chaos cause by an IT upgrade will cost the bank tens of millions in fines and compensationTSB customers are still unable to make payments or access key accounts almost a month after the botched IT upgrade. As one group of analysts said the chaos could cost TSB as much as £56m this year alone, many of the problems that have bedeviled the bank are yet to be resolved as the crisis enters its fifth week. Continue reading...

Guardian News and Media Limited or its affiliated companies. All rights reserved. 2018

Telecoms

Altice delivers strong subscriber numbers sending shares up 11% (4 days old [17/05/18])

European arm of telecoms and cable group shows hints of recovery after torrid period

BT presses button on deeper integration of consumer arm with EE (4 days old [16/05/18])

Telecoms group makes push in latest bid to reframe company after a torrid few months

India’s Reliance Communications to face bankruptcy proceedings (4 days old [16/05/18])

Court order threatens deal with Jio and sends shares down by a fifth

Vittorio Colao rang the changes at Vodafone — not on a BlackBerry (5 days old [15/05/18])

Outgoing chief’s real skill has been maintaining communication with the City

Vodafone chief bows out after ‘remarkable transformation’ (5 days old [15/05/18])

Successor has tough act to follow after Colao turned group into European champion

Iliad shares plunge 20% as results miss expectations (5 days old [15/05/18])

French telecoms group suffers worst single-day fall a day after management shake-up

Vodafone chief executive Vittorio Colao to stand down (5 days old [15/05/18])

Italian signals handover after sealing Liberty deal in Europe and merger in India

Australia’s Telstra struggles to make right connections (6 days old [14/05/18])

Telecom group’s woes will deepen when rival TPG enters mobile market

© Copyright The Financial Times Ltd 2018. "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

Banks and tech groups urged to join forces to deal with IT risk (4 hours old)

Increasing use of cloud, AI and blockchain fuels concerns, says research paper

How ‘HRTech’ spreads feel-good vibes around the office (4 hours old)

New services claim to democratise rewards, but can they improve the annual appraisal?

Smart locks raise property insurer concerns over hacking (4 hours old)

Technology delivers convenience but prompts security doubts

Grayling gives signal for rail to go digital (11 hours old)

Computerisation will allow switch to self-driving system and improved timetable

Scooter start-up Bird races to match rival Lime (15 hours old)

Two groups see rapid adoption of their ‘dockless’ rental services

Google takes on Apple and Spotify with new music service (18 hours old)

YouTube Music will seek to break the ‘duopoly’ with paid-for subscription

China’s Tencent clashes with video upstart Douyin in court (1 day old)

Tech giant accused of publishing content that harmed reputation of its smaller rival

Cambridge Analytica reveals finances after filing for bankruptcy (1 day old)

Data company used by Trump presidential campaign hit by fallout over privacy scandal

Boring Company vs Uber Elevate (1 day old)

Amazon’s battle in Seattle, quantum computing, GDPR spam

UK eyes tougher rules on internet abuse (2 days old [19/05/18])

Politicians increasingly frustrated by big technology companies

© Copyright The Financial Times Ltd 2018. "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

UK turns blind eye to dirty Russian money, say MPs (7 hours old)

The City is being used as "a base for the corrupt assets" of President Putin's allies, MPs claim.

Motability boss's pay 'unacceptable' say MP committees (8 hours old)

The salary of Mike Betts - who runs the disabled car scheme - has grown by 78% since 2008.

Banking by mobile app 'to overtake online by 2019' (8 hours old)

The growth in banking via smartphone apps puts more branches at risk of closure, forecasts suggest.

UK's clean car goal 'not ambitious enough' (8 hours old)

An industry expert says petrol and diesel cars should be banned by 2030 or 2035, not 2040.

US and China halt imposing import tariffs (15 hours old)

No specific numbers are given, but the deal appears to have ended the imminent threat of a trade war.

Rail timetables overhaul aims to boost frequency and reliability (18 hours old)

One of the biggest rail timetable overhauls ever in the UK is predicted to create winners and losers.

New tougher MOT tests come into force (23 hours old)

Rules will introduce new categories for defects and tougher tests on diesel emissions.

Chelsea owner Abramovich experiences UK visa renewal 'delay' (15 hours old)

A source close to the Chelsea owner says the renewal process is taking "a little longer than usual".

Ocado delivers for 'patient' investors (2 days old [19/05/18])

For years the online retailer was a disappointing loss-maker, but a deal in the US has ignited the shares and confounded critics.

Royal wedding 2018: Who's paying? (3 days old [17/05/18])

Security will be the biggest expense, but precise costs are hard to count.

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

Italian markets lower after populist coalition proposals (2 days old [18/05/18])

US small-caps rise to record levels while dollar hits 2018 peaks

FTSE 100 stays shy of record high (2 days old [18/05/18])

Rally for oil majors cools, keeping London index off record intraday peak

Stocks to watch: Ocado, Walmart, JC Penney, Royal Mail (3 days old [17/05/18])

Oil majors BP and Royal Dutch Shell buoyed by return of Brent crude oil to $80

Stocks to watch: Micro Focus, Macy’s, Paddy Power, Centrica, Elior (4 days old [16/05/18])

UK bookmaker extends gains after Monday’s landmark decision by US Supreme Court

EasyJet numbers cheer budget airlines’ shares in UK and Europe (5 days old [15/05/18])

Weak reception from investors for results from major telecoms companies

Stocks to watch: Paddy Power Betfair, IWG, ABN Amro, Xerox (6 days old [14/05/18])

Cancellation of blockbuster US series ‘Designated Survivor’ hits Entertainment One

© Copyright The Financial Times Ltd 2018. "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

Axe the middle managers at your peril (4 hours old)

Success rests on what employees know rather than where they sit in the hierarchy

For the UK to survive, it needs to be less London-centric     (23 hours old)

More care and attention is needed to protect Britain’s other political union

Opinion today: A populist on the verge of power (2 days old [19/05/18])

The anti-establishment Five Star Movement and the far-right League struck a deal to form Italy's next government

Menopausal women are defying the Old Lady’s stereotype (2 days old [19/05/18])

A blunder at the Bank of England reveals how managers disregard middle-age women

Fighting its corner: can Gaza survive? (2 days old [18/05/18])

With dozens dead in the worst clashes for years, regional powers are trying to halt the violence between Israel and the Palestinian enclave

Global banking is not an American fiefdom (2 days old [18/05/18])

Fighting with the EU over the Swift payments system will erode US power

The high price of cheap clothes made in Britain (2 days old [18/05/18])

Dickensian sweatshops should not be tolerated in the 21st century UK

China offers protection amid the dance of the trillions (2 days old [18/05/18])

Emerging markets are vulnerable because they have gorged themselves on global capital

Middle East risk escalated by US (2 days old [18/05/18])

Gaza protests are one facet of mounting regional crisis

Rosemary Bamforth, codebreaker and pathologist, 1924-2018 (2 days old [18/05/18])

The Bletchley Park codebreaker who had to keep her wartime career a secret

© Copyright The Financial Times Ltd 2018. "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.

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