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Evening Star News

Teenager fighting for his life after early morning crash (1 hour 27 minutes old)

An 18-year-old man is fighting for his life and another teenager is being questioned by police after a crash in Great Bromley near Colchester.

International football star supports over 180 teams at huge Suffolk FA tournament (1 hour 49 minutes old)

A former international football player has showed her support for the Suffolk FA at their annual festival of football which saw more than 180 teams competing in women’s world cup themed competition.

Chris Grayling’s decision to privatise the Probation Service has been a disaster (1 hour 55 minutes old)

Has there ever been a minister as incompetent as Chris Grayling?

Crowds turn out to enjoy Weird and Wonderful Wood (2 hours old)

Weird and Wonderful Wood has lived up to its name, with an amazing selection of wood-themed attractions at the annual event.

Greater Anglia charity train raises £21,000 for children’s hospices (3 hours old)

East Anglia’s Children’s Hospices are to get more than £21,000 after Saturday’s charity diesel railtour around the region.

Suffolk’s new chief constable on changing face of policing – and the TV show you should watch (4 hours old)

In his first column for this newspaper since becoming Suffolk’s chief constable, Stephen Jupp talks about changes and challenges facing the force – and which police show people should watch.

Author Anthony Horowitz praises ‘amazing’ Suffolk volunteers helping struggling young families (6 hours old)

Bestselling author Anthony Horowitz has praised an inspiring group of volunteers who support young families in Suffolk facing difficulties including depression and isolation.

Motorcyclist seriously hurt after crash on country road (16 hours old)

A man has been rushed to hospital with serious injuries following a collision just north of Debenham.

WATCH – Can you spot yourself at this year’s Hadleigh Show? (17 hours old)

It was smiles all round at the 180th Hadleigh Show – as fans of country life from across the region gathered for a day of fun in the sun.

Shoppers ‘absolutely disgusted’ by £100 parking fine (18 hours old)

A couple visiting Ipswich from Doncaster left the town with more than they bargained for after being slapped with an £100 parking fine.

UK homepage

Theresa May plans ‘new and improved’ Brexit deal (4 hours old)

Few MPs expect prime minister to succeed where she has failed three times before

Crimson-coloured adventures on a summer tour of the Levant (2 days old [17/05/19])

From Wadi Rum’s cinematic glory to chilled Beirut, the war-torn region has much to offer

Boeing admits flaw in 737 Max flight simulator (18 hours old)

Disclosure is latest blow to reputation of aircraft manufacturer after fatal crashes

Austria to hold new election after vice-chancellor resigns (19 hours old)

Far-right leader Strache says ‘Russian oligarch’ video footage was an illegal trap

Australian conservatives celebrate ‘miracle’ victory  (5 hours old)

Defeated opposition had been tipped to triumph in opinion polls

AKK fights for succession in European election test (1 hour 35 minutes old)

Christian Democrat leader campaigns to cement status as favourite to become chancellor

EU27 voters in UK seek to escape Brexit limbo (3 hours old)

Thursday’s poll is chance to vote for Europeans who lacked a say in 2016 referendum

Boeing: can Muilenburg engineer a recovery course? (9 hours old)

Facing investigations and lawsuits, the company’s chief executive is struggling to restore public confidence after two fatal crashes

British Steel owners Greybull in spotlight (9 hours old)

Private equity group that bought company for £1 faces questions over financing

Inventor of vegan pork hopes to cash in on China pig cull (4 hours old)

Hong Kong entrepreneur hopes protein mix will appeal to Asian palates

© 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

Deeper problems than Jeremy Kyle are making ITV a turn-off for investors (22 hours old)

Gambits like BritBox may not save the broadcaster in a market dominated by Netflix and other tech interlopersAs ITV became embroiled in the scandal over the death of a Jeremy Kyle Show participant last week, its top brass moved quickly to purchase £200,000 of stock in the troubled broadcaster. The move by chief executive Carolyn McCall, chairman Sir Peter Bazalgette and finance chief Chris Kennedy came as ITV faces a battle to regain the faith of investors after shares fell to a six-year low. But despite the potential severity of the scandal – following the deaths of former Love Island contest[...]

M&S must hope Ocado will turn its food problems into trifles (7 hours old)

This week’s full-year results are unlikely to make appetising reading, but the promise of internet shopping offers hopeShareholders in Marks & Spencer might be forgiven for starting this week with a sense of scepticism. The stalwart of the British high street is set to announce its full-year results on Thursday, and expectations are already low.The past decade has seen a number of attempts to revive the fortunes of the chain but problems persist – an ageing customer base, expensive food halls and confusing promotions among them, according to chief executive Steve Rowe. Continue reading...

Leyland leaves past behind to show UK could become more productive (22 hours old)

The truck maker has contributed to startling growth in production efficiency across one part of the north-westWith the whirring shriek of a factory siren, the afternoon break at Leyland Trucks comes to an abrupt end on an unusually hot spring day in Lancashire. Once part of the sprawling British Leyland automotive empire that epitomised Britain’s industrial decline in the 1970s – a model of corporate failure, disrupted by strikes and uncompetitive on the world stage – the old truck division in the town of the same name, a handful of miles from Preston, now contributes to the strongest growth i[...]

It will take another crisis for governments to step up to the spending plate | Larry Elliott (3 hours old)

But as Keynes has shown, loose monetary policy is not the only way to respond to stagnationAlvin Hansen’s timing could hardly have been worse. In early 1939, almost a decade after the Wall Street crash and six months before Hitler invaded Poland, he said America’s best years were behind it. An ageing population, fewer migrants and the exhaustion of existing technologies meant there would never be complete recovery from the Great Depression. Instead, the US was stuck in what Hansen called secular stagnation, in which secular means persistent or long term.The second world war meant the idea of s[...]

Labour’s plans for cheap green energy are no more than electric dreams (5 hours old)

Proposals for renationalising gas and electricity are based on hopes of buying companies on the cheapLabour’s plans to renationalise water, energy and rail companies have widespread support and with good reason: these industries are failing to meet the legitimate expectations of the public.The question mark that hangs over these proposals is whether expectations are now being ramped up to such an extent that taking these industries back into public ownership will almost certainly be considered a failure. Continue reading...

Rail chiefs confident timetable change will not repeat 2018 chaos (1 day old)

More than 1,000 extra services a week will be added to UK timetables from SundayRail passengers have been advised to check times before travelling from Sunday as train operators prepare for a fresh timetable change, following months of scrutiny and preparation to avert the chaos that engulfed the railways last May.The biggest changes will come on South Western Railway (SWR) from Monday, with hundreds of extra services a week from the home counties into Waterloo station in London. Nationwide, more than 1,000 extra services a week will be introduced into the timetable. Continue reading...

ExxonMobil evacuates foreign staff from Iraqi oilfield (1 day old)

Oil firm’s decision comes as regional fears grow of potential US-Iran conflictThe US oil company ExxonMobil has reportedly evacuated all of its foreign staff from an oilfield west of Basra, in Iraq, and is flying them to Dubai.The move came after the US pulled non-emergency staff from its embassy in the capital, Baghdad, on Wednesday out of apparent concern over perceived threats from neighbouring Iran, to which Iraqi Shia militias are allied. Continue reading...

Trump cools trade war by lifting North American metal tariffs (1 day old)

Steel and aluminium imports from Mexico and Canada affectedTrump pauses implementation of auto tariffs on EU and JapanThe Trump administration moved to cool the simmering trade war with its major trading partners on Friday, ending tariffs on metal imports from Canada and Mexico and announcing a pause on planned tariffs on cars and car parts.“I’m pleased to announce we’ve just reached agreement with Canada and Mexico,” Donald Trump said. “We’ll be selling our product into those countries without the imposition of tariffs.” Continue reading...

'I did the right thing': Richer Sounds boss has no regrets (1 day old)

Julian Richer sleeps better after handing hi-fi firm to staff to focus on fighting ‘uncontrolled’ capitalism‘I’m doing the right thing because I sleep better at night,” says an exhausted-sounding Julian Richer, after a momentous week in which he won plaudits for handing control of his Richer Sounds business to staff.For once though, the entrepreneur’s good deeds have cost him sleep. The 60-year-old has been up all night after being engulfed in a media storm after the Guardian revealed he had transferred 60% of his shares to a John Lewis-style trust. Continue reading...

Safety changes leave owners of river barges fearing dry times ahead (1 day old)

Operators of historic vessels could be sunk by requirements costing up to £250,000 per boatOnce, thousands of sailing barges plied the Thames estuary. Today, the sight of Will, the largest such vessel still travelling on the waters in London – now converted for pleasure cruises – turns heads.Passengers on the deck of a giant cruise ship sailing up to Tower Bridge peer and wave at the historic barge below. But Will’s co-owner, Mark Tower, 60, warns that such sights – “absolutely part of the Thames maritime heritage” – could soon be lost. Continue reading...

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

Telecoms

US telecoms and tech firms fear Huawei ban fallout (2 days old [17/05/19])

White House attacks on Chinese telecoms company may have much wider impact

US chipmakers hit after Trump blacklists Huawei (2 days old [16/05/19])

Chinese group may be prevented from buying or selling parts in US as trade war escalates

MTN lists Nigerian business at $5bn valuation (3 days old [16/05/19])

Lagos float part of settlement over failure to disconnect Sim cards used by militants

BT unveils plan to hand staff £50m of shares a year (3 days old [16/05/19])

Move to give each employee stocks worth £500 annually aims to improve customer service

Can Huawei survive US blacklisting? (3 days old [16/05/19])

Chinese telecoms group will need to look elsewhere to procure key components

Trump issues order laying ground for Huawei ban (3 days old [15/05/19])

US companies will be effectively prohibited from using telecoms equipment made by Chinese group

Telecoms groups ordered to inform users of better deals (3 days old [15/05/19])

Ofcom moves to protect customers who pay ‘loyalty penalty’ after contract runs out

Vodafone faces growth test after cut to dividend (4 days old [15/05/19])

UK group is in the doldrums and 5G push looks unlikely to prove a panacea

Vodafone: maturing test (5 days old [14/05/19])

The big question is whether new systems can lift the top line

Vodafone slashes dividend 40% to boost balance sheet (5 days old [14/05/19])

UK telecoms group faces higher costs as it prepares for 5G shift

© 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

Gates-backed platform raises $110m in new drugs push (2 hours old)

Investors back Schrödinger’s plan to develop its own drugs

Microsoft-Sony combo shows gaming’s new reality (1 day old)

Amazon backs Deliveroo, Huawei’s Plan B, smart border wall, Asus ZenFone 6

Governments are the frenemies of society on hacking (1 day old)

Smart, unscrupulous players are exploiting the vulnerabilities of our digital devices

Dark kitchens/Amazon: fare comment (1 day old)

If meal delivery costs continue to fall, growth in its popularity looks unstoppable

Marketing/Thomas Cook: brand spanking view (1 day old)

Travel group’s name has cut little ice with customers seeking cheap deals online

Sony and Microsoft join forces in video games battle (2 days old [17/05/19])

Bitter rivals team up as challenge from Google, Amazon and Apple emerges

US telecoms and tech firms fear Huawei ban fallout (2 days old [17/05/19])

White House attacks on Chinese telecoms company may have much wider impact

Mithril Capital's Ajay Royan on the next growth frontier (2 days old [17/05/19])

And why the current obsession with negative-margin hypergrowth can only create zero-sum tech enterprises.

Amazon leads $575m funding round into Deliveroo (2 days old [17/05/19])

Investment by ecommerce group follows breakdown of talks with Uber last year

© 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

Commuters braced as railway timetables change (4 hours old)

Rail firms and regulators say there will be no repeat of the chaos which hit the network in 2018.

The firms turning their workers into owners (1 day old)

Aficionados of employee-owned companies say it makes perfect business sense.

US lifts steel and aluminium tariffs on Canada (1 day old)

Mexico is also expected to see levies lifted, paving the way for a new North American trade agreement.

US supercomputer maker Cray Inc bought in £1bn deal (1 day old)

Buyer HPE hopes to capture more of the market for data generated by areas such as artificial intelligence.

‘Booth babes’ cause controversy at business show (2 days old [17/05/19])

Visitors express surprise and dismay that an exhibitor used "booth babes" to attract attention to its stand.

EasyJet chief defends Champions League final flight costs (2 days old [17/05/19])

The airline's boss says "enormous" demand has pushed prices up: "That is how the system works."

Pound slides to four-month low after Brexit talks end (1 day old)

Investors are pricing in a higher chance of the UK leaving the EU without a deal, say analysts.

Amazon invests in Deliveroo food courier (2 days old [17/05/19])

Deliveroo says it is looking forward to working with "customer obsessed" Amazon.

Thomas Cook shares 'worthless', says Citigroup (2 days old [17/05/19])

Shares in the travel firm plunge almost 30% after Citigroup says the company's shares have no value.

British Steel in talks with government to avert collapse (2 days old [17/05/19])

The firm has borrowed money from its backers as it seeks a "permanent solution" to its financial woes.

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UK equities

IC — On the Beach, Vodafone, Sophos (1 day old)

Companies analysis from our sister publication

UK infrastructure needs more action and fewer promises (2 days old [17/05/19])

We seem incapable of choosing big projects that offer value for money

Metro Bank share placement raises more than expected (2 days old [16/05/19])

Ailing challenger draws in £375m to help drive return to lending growth  

Investors Chronicle: Treatt, Vertu Motors, Domino’s Pizza (8 days old [10/05/19])

Companies analysis from our sister publication

Stocks to watch: Thyssenkrupp, British Land, Unibail (9 days old [10/05/19])

Retail rents set to fall further as shoppers go online to maximise leisure time, says Citigroup

Metro Bank lacks market nous to challenge big lenders (9 days old [10/05/19])

Strategy of opening branches while everyone else is closing them is not working

Stocks to watch: IMI, William Hill, Stars Group, Leonardo, Etsy, BPM (10 days old [09/05/19])

Morgan Stanley predicts Shell’s first dividend hike in five years

Stocks to watch: Imperial Brands, ITV, EssilorLuxottica, Hexagon (10 days old [08/05/19])

Asos, Next and H&M look to be winners as multichannel retail thrives, says Exane

Stocks to watch: Vodafone, Purplebricks, Domino’s, Ferrari (12 days old [07/05/19])

Warm weather puts pressure on Centrica to halve dividend, says HSBC

IC — Greene King, Standard Chartered, GlaxoSmithKline (15 days old [03/05/19])

Companies analysis from our sister publication

© 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

Brexit wrangles intrude on EU job allocation (2 hours old)

Victory for Nigel Farage in the European elections could complicate appointments

Trump and the tariffs (2 hours old)

Trade levies spark Chinese retaliation and risk hurting American economy and people

New ‘eye bonds’ would speed novel cures (3 hours old)

Modelled on green finance, government-backed debt could draw investors to biomedicine

Europe’s political centre must prove its worth (3 hours old)

No breakthrough is likely for insurgent radicals in EU elections

Universal basic income: money for nothing (6 hours old)

Worries about machines replacing workers fuel enthusiasm for programme

Time’s up for a golden age of corporate greenwashing (9 hours old)

Many companies speak fine words about climate change but now need to take action

Brexit has changed the job of an MP for ever (20 hours old)

Threats and abuse, as well as increased engagement, are features of the new landscape

Tragedy suspends reality TV’s grim parade (1 day old)

In retrospect, it is shocking that ‘The Jeremy Kyle Show’ went on for so long

Employee ownership can make societies richer (1 day old)

As entrepreneurs sell companies, they can make them more inclusive

Latest National Savings & Investments rates (1 day old)

Current rates from the state-owned savings bank

© 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