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Evening Star News

Why I hate taking selfies (3 hours old)

Nowadays, wherever you go and whoever you’re with, it seems almost automatic for many people to instantly let the world know by taking a selfie.

Review: The curious about Ipswich walk is great for all ages (3 hours old)

With three walks on offer and a guide booklet packed with information the curious about Ipswich walk is a great day out.

Man, 21, stabbed near Christchurch Park in Ipswich (4 hours old)

One person has been arrested after a man was stabbed on Cemetery Road in Ipswich.

Speeding down since penalties toughened – but Suffolk cameras still catch 16,000 (8 hours old)

Tougher punishment for speeding may be helping to cut offences in Suffolk, new research has suggested.

WATCH: Dig your plimsolls out! Over-50s urged to take up sport in fight against loneliness (8 hours old)

Older people in Ipswich are being encouraged to take part in the ActivLives sessions.

Road closures to be aware of this week in Suffolk and north Essex (9 hours old)

Make sure your plan your journeys around the road works being carried out by Highways England.

How we help police officers cope with mental health challenges (10 hours old)

In his latest column, Suffolk Constabulary chief constable GARETH WILSON talks about how his force is dealing with the mental health pressures the job of policing can place on his staff.

‘Growing concern’ for confused 78-year-old lost in London (14 hours old)

Police say they are growing increasingly concerned for 78-year-old James Carroll, who is missing from Braintree.

Hadleigh primary school described as “very caring and inclusive” in glowing Ofsted report (21 hours old)

A primary school in Hadleigh has seen its Ofsted rating soar from ‘Requires Improvement’ to ‘Good’ following a recent inspection.

Watch visitors be transported back in time at the Saxon and Viking Festival (23 hours old)

Visitors to Stonham Barns were transported more than 1,000 years back in time as the site was transformed into a battleground fit for the Dark Ages.

UK homepage

Russia hits out at US withdrawal from nuclear treaty (3 hours old)

Moscow attacks ‘dangerous’ Trump decision ahead of visit by John Bolton

Riyadh tries to salvage summit amid Khashoggi outcry (4 hours old)

Drop-outs from once sought-after event signal Saudi Arabia’s increasing isolation

Erdogan to reveal ‘full detail’ of Khashoggi death (2 hours old)

Western leaders demand Riyadh say more on fate of Saudi journalist

Lloyds prepares for £2bn share buyback (5 hours old)

Plan for capital return reflects increasing confidence at third-largest UK bank

Japan’s dying shareholders signal sombre outlook for its stocks (9 hours old)

Trend to liquidate inherited portfolios will mean decades of selling pressure, says Nomura

Rome’s defiant tone leaves investors tense (2 hours old)

Italy to respond to Brussels criticism amid threat of credit downgrade

Austerity, Brexit and the Bank of England (4 hours old)

A no-deal departure from the EU would greatly complicate UK fiscal and monetary policy 

Is the UK construction industry having its ‘Uber moment’? (1 day old)

Off-site modular manufacturing seen as the solution to sector’s productivity problem

‘Black vote is X factor’ to beat Trump in US midterms (9 hours old)

Democrats work to reverse decline in African-American turnout since Obama era

US fears Russia will help Iran evade oil sanctions (3 hours old)

Warning comes as Trump administration tries to halt Tehran’s crude exports

© 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.

Business | The Guardian

ITV chief: now is last chance to build British challenger to Netflix (3 hours old)

With subscription service in place, we’ll keep Love Island in-house, says Carolyn McCallThe chief executive of ITV has said now is the last chance for UK broadcasters to build a British Netflix, as the US streaming giant continues to grow at breakneck speed.The warning from Carolyn McCall, chief executive of the UK’s largest free-to-air commercial broadcaster, follows protracted talks between the BBC, Channel 4 and ITV to create a credible domestic streaming rival to Netflix that have failed to bear fruit. Continue reading...

Italian bank fears expected to grow after debt downgrade (2 hours old)

Pressure on reserves could trigger crisis as government official issues warningFears that Italy’s banks face a black hole in their finances are expected to grow this week following a debt downgrade that could send the value of bank reserves plummeting.Despite efforts to shore up Italian banks’ reserves, a downgrade by the ratings agency Moody’s on Friday following a row between Rome and Brussels over the government’s budget could send them into freefall again. Continue reading...

Saudi Arabia has the most to lose from a sharp rise in oil prices | Larry Elliott (8 hours old)

With Riyadh dependent on arms supplies from the west, its threat to weaponise oil no longer works The Opec oil cartel chose its moment well. Inflationary pressures had been building in the global economy for years and stocks of crude were low. With Israel on top in the Yom Kippur war, Arab oil producers decided to step in. They announced production cuts and an oil embargo on the US and other western countries.The decision had far-reaching consequences. Oil prices more than quadrupled in a matter of months. Inflation rocketed, triggering demands for higher pay. Rising business costs led to job [...]

Shopping malls' desperate decline comes to prime minister’s doorstep (1 day old)

Nicholsons in Theresa May’s constituency is just one of hundreds suffering from the UK’s high street malaiseWith its deserted tables and recycled office furniture, the Ping Pong Parlour in Maidenhead’s struggling Nicholsons shopping centre is not fooling anyone.The desperate attempt to fill what used to be Argos is evidence of the losing battle fought by private equity investors who have surrendered the keys after the mall’s declining fortunes left them unable to meet huge loan repayments. Continue reading...

Brexit could kill off entire industries, says Jaguar Land Rover chief (20 hours old)

Ralf Speth calls for political action as CBI survey finds four out of five businesses have cut investment ahead of EU exitKey industries will be destroyed by a hard Brexit, one of the country’s most powerful chief executives has predicted, amid warnings that Britain’s imminent EU exit has dented investment by four in five businesses.Ralf Speth, the boss of Jaguar Land Rover, said that such an outcome would lead to the closure of plants and major job losses as he warned that some exposed industries would have “no way to survive a hard Brexit”. Continue reading...

Post Office boss receives 7% pay rise as postmaster salaries cut (2 days old [19/10/18])

Paula Vennells took home £718,300 last year while 11,500 workers lost a combined £17mThe Post Office boss Paula Vennells received a 7% pay rise last year, while thousands of postmasters took an average 4.5% pay cut.The former L’Oréal and Argos executive took home £718,300 in the year to March, according to accounts filed at Companies House this week, while 11,500 Post Office workers – the vast majority of whom are self-employed – received a combined £17m pay cut to £371m. Continue reading...

Ryanair accused of inaction over racist incident on plane (5 hours old)

Airline apparently did not remove passenger who abused woman on flightRyanair has referred a racist incident on one of its flights to Essex police, after facing criticism that it did little to prevent a male passenger inflicting a tirade of racist abuse on a 77-year-old woman.The airline apparently did not remove the passenger from the flight from Barcelona, instead moving the woman from her seat. Continue reading...

Scottish Power to invest in solar energy for the first time (2 days old [19/10/18])

Big six firm to focus exclusively on renewables, adding solar power to its windfarmsScottish Power, one of Britain’s biggest energy companies, has said it will invest in solar power for the first time as part of its move away from fossil fuels.The big six firm sold off its last gas-fired power stations to Drax Group this week to focus exclusively on renewables, which today consists of onshore and offshore windfarms. Continue reading...

Facebook hires Nick Clegg as head of global affairs (2 days old [19/10/18])

Former UK deputy PM says he ‘will no longer seek to play a public role’ in Brexit debateFacebook has hired Sir Nick Clegg, the former UK deputy prime minister, as its head of global policy and communications.Clegg, 51, will join Facebook as it struggles to cope with mounting political pressure over issues including fake news, data protection and the threat of government regulation. Continue reading...

WPP no longer world's most valuable ad firm as share price falls (2 days old [19/10/18])

London-listed company’s market value has dropped behind US rival OmnicomWPP is no longer the world’s biggest marketing and advertising services group by market capitalisation after the UK company’s stock market value slipped below that of US rival Omnicom for the first time in almost a decade.The London-listed company’s share price has been slashed by a quarter over the past year and is languishing at levels not seen since 2012. The group, which has held the status of the world’s most valuable advertising group since 2011, has seen its stock market value plunge to about £13bn ($17bn) as it fac[...]

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

Telecoms

Ericsson: mast do better (3 days old [18/10/18])

Business has picked up, but not for long

US corruption probe casts pall over Ericsson rally (3 days old [18/10/18])

Swedish telecoms equipment group says it is likely to face ‘material’ fine

Samsung buys Spanish networks analysis firm in 5G push (4 days old [17/10/18])

Purchase of Zhilabs is part of a 3-year $22bn investment drive into new technologies

Shareholders rebuke Telstra executives on pay (5 days old [16/10/18])

Chairman of Australian telco concedes salaries are too high and vows to review policy

SoftBank lines up bankers for IPO of mobile unit (9 days old [12/10/18])

Goldman Sachs, Nomura and Deutsche Bank set to work on what could be largest ever listing

Tech and telecoms groups turn to deals in search of growth (9 days old [12/10/18])

UK’s smaller players have proved adept at scooping up rivals

Equipment vendors battle for early lead in 5G (12 days old [09/10/18])

Industry heavyweights vie for deals to supply kit for next-generation mobile networks

Vodafone warns of danger of ‘artificial’ 5G auctions (17 days old [03/10/18])

European countries urged not to follow short-term thinking of Italian spectrum sale

© 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 sector

Tiger Global raises £3.75bn for tech investments (3 hours old)

Investment group’s venture capital fund beats target as investors hunt for returns

Superstar companies are ripe for disruption (8 hours old)

Turnover at the top means market competition may work better than we thought

Clegg seeks to be ‘bridge’ between Big Tech and government (2 days old [19/10/18])

Former UK deputy prime minister says he never wanted to be a lobbyist

UK’s political class finds new home in Silicon Valley (2 days old [19/10/18])

US-based companies find willing recruits in figures such as Nick Clegg

PayPal: cash out  (2 days old [19/10/18])

Digital payments company’s stock needs a youthful kick

Facebook hires Clegg as head of global affairs (2 days old [19/10/18])

Former UK deputy prime minister to move to Silicon Valley next year

Jony Ive on the Apple Watch and Big Tech’s responsibilities (2 days old [19/10/18])

Apple’s chief design officer on Steve Jobs, the $5bn new campus — and why the unforeseen consequences of tech keep him awake

Amgen invests £50m in Oxford Nanopore (2 days old [18/10/18])

California-based group acquires 3 per cent stake in UK sequencing company

WeWork targets big business in Japan (2 days old [18/10/18])

Push comes as large groups try to adapt to digital era with flexible work spaces

© 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

The billionaires fuelling a space race (19 hours old)

Jeff Bezos, Sir Richard Branson and Elon Musk are among a number of entrepreneurs with galactic ambitions.

Online sellers 'pay for positive reviews' (1 day old)

A Which? investigator was hired to write high-rated reviews online in return for free goods.

Worries among tenants over deposit return (1 day old)

A survey says nearly a fifth of private tenants have waited more than three months to get a deposit back.

Plastic recycling firms accused of abusing market (2 days old [19/10/18])

The Environment Agency is probing claims exporters are abusing the recycled plastics market.

Persimmon boss refuses to answer questions about £75m bonus (2 days old [19/10/18])

The boss of housebuilding firm Persimmon tells the BBC he'd "rather not talk about" his £75m bonus.

Facebook hires former deputy PM Sir Nick Clegg (2 days old [19/10/18])

The former Liberal Democrat leader will head Facebook's global affairs and communications team.

No-deal Brexit could hit food supplies, says Stena Line (2 days old [19/10/18])

Ferry operator Stena Line, which owns three UK ports, warns of disruption to food imports.

Government borrowing in September lowest since 2007 (2 days old [19/10/18])

The drop may give Chancellor Philip Hammond room for manoeuvre in the upcoming Budget on 29 October.

Lakeside and Metrocentre owner boosted by £2.9bn bid (2 days old [19/10/18])

Shares in shopping centre owner Intu jump as it mulls a takeover bid from a consortium of investors.

Diesel and petrol ban should come much faster, say MPs (2 days old [19/10/18])

The government’s 2040 deadline for shifting to electric-powered cars criticised as 'unambitious'.

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UK equities

Wall Street’s early rally fades as techs retreat (1 day old)

Italian assets stage dramatic turnround; euro pushes higher

Stocks to watch: P&G, Tesla, Reckitt, Bougues, EasyJet (2 days old [19/10/18])

European airlines face a toxic mix of capacity growth and faltering demand, says Mainfirst

Why Sainsbury and Asda can survive without merging (2 days old [19/10/18])

Defensive tie-ups such as this one do not deal with basic issues of businesses under threat

The London Report: Mediclinic hits low after downgrade (3 days old [18/10/18])

Hospital operator’s patient numbers and margins disappoint in biggest market

Stocks to watch: Domino’s Pizza, HeidelbergCement, Mediclinic (3 days old [18/10/18])

Indie titles make Team17 a safer bet than most games developers, says Peel Hunt

Dollar and Treasury yields lifted by Fed minutes (3 days old [17/10/18])

Stocks edge back after strong rally; oil prices hurt by inventories report

Pearson: slow learner (4 days old [17/10/18])

Education specialist will have to find answers to penny-pinching students

Car dealership group plunges amid registration fears (4 days old [17/10/18])

Earnings forecasts for Inchcape cut by HSBC

Stocks to watch: Crest Nicholson, Flybe, Sophos, Inchcape, Netflix (4 days old [17/10/18])

Slowing sales growth makes Fevertree’s valuation look stretched, says Deutsche Bank

The London Report: Johnson Matthey dips on recall fears (5 days old [16/10/18])

World’s biggest maker of catalysts for diesel engines hit by Volvo warning

© 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

Brexit worries puts stockpiling on companies’ agenda (2 hours old)

Warehousing and financing will test businesses’ efforts to keep supply chains moving

China debt problem: loan lark (4 hours old)

Funding from questionable provenance is all too common

Austerity, Brexit and the Bank of England (4 hours old)

A no-deal departure from the EU would greatly complicate UK fiscal and monetary policy 

Trump’s sugar-rush threatens the US economy (5 hours old)

The president’s tax plan is based on a mistaken premise

How to save statistics from the threat of populism (5 hours old)

One reason for failing trust is people do not see their lives reflected in figures

Germany’s political centre cannot hold (6 hours old)

Other EU countries are also seeing support leaking away from established parties

Superstar companies are ripe for disruption (8 hours old)

Turnover at the top means market competition may work better than we thought

China’s slowing growth is no cause for concern (9 hours old)

What is important is the quality and sustainability of development

The big problem with unconscious bias training (10 hours old)

Employers’ go-to diversity fix is not all it is cracked up to be

Patisserie Valerie’s woes put spotlight on Aim tax breaks (15 hours old)

Government should examine whether benefits draw the wrong type of investors

© 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.

Ipswich