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Evening Star News

Work starts on new school building in Ipswich (8 hours old)

A state-of-the-art new building designed to help boost a special school in Ipswich is a step closer after building work got under way.

Rising Kesgrave star to ‘embrace the experience of playing at Latitude’ (9 hours old)

Aspiring musicians of the future will be among those to get their chance in the spotlight when a Suffolk orchestra performs at one of the UK’s biggest music festivals.

Do you think you could be a Detective Constable? (9 hours old)

Could you be a police detective? Suffolk Constabulary is looking for new crime-solving sleuths from all walks of life.

Police ‘urgently’ seeking man in connection with Jaywick murder (11 hours old)

Essex police are wanting to speak to a man in connection with the murder of a 58-year-old man who died in a house in Jaywick this weekend.

One “incredible” month of mammoth Elmer’s Big Parade (11 hours old)

It is a month since 55 Elmers paraded into Ipswich and ever since families have been stomping around the town looking for the colourful creatures and their smaller Learning Herd friends.

WATCH - Cute tiger cubs are now a month old, and zoo visitors can take a peek (11 hours old)

Amur tiger cubs at Colchester Zoo can now be seen by visitors - and the public will soon be asked to help name the adorable trio.

How will you get to Ipswich’s Chantry Park for Ed Sheeran concert? (12 hours old)

Hadleigh Road in Ipswich will be closed for four days over the August Bank Holiday weekend as part of the travel arrangements for the Ed Sheeran Concerts at Chantry Park.

Road at Westerfield open again after completion of work at level crossing (13 hours old)

The busy B1077 has re-opened after seven weeks of work by Network Rail to make Westerfield’s level crossing safer.

What is going to happen to Ipswich’s Game store after Sport Direct takeover? (13 hours old)

Sports Direct’s £52m takeover of Game Digital is nearing completion but the move could lead to store closures across the UK.

Chantry Library given £15,000 makeover (13 hours old)

A popular Ipswich library described as a “pillar of its community” has been given a £15,000 refurbishment to help it continue providing vital public services.

UK homepage

Santander offered €52m sign-on to Andrea Orcel (7 hours old)

Formal offer letter shows how much bank was prepared to pay up for new CEO

European Investment Bank: the EU’s hidden giant (23 hours old)

Clearer purpose sought for one of the world’s biggest and most peculiar banks

Tory PM candidates hold back in criticising Trump tweets (8 hours old)

Johnson and Hunt strike hardline tone on Brexit and Irish backstop

UK’s rail franchise system has ‘had its day’, review finds (4 hours old)

‘Revolution not evolution’ needed to restore trust in system, says Keith Williams

StanChart CEO slams investors as ‘immature’ on pay (7 hours old)

Winters’ criticism comes after 40% of shareholders failed to back remuneration policy

Jaguar wins £500m loan guarantee to build electric cars (6 hours old)

Theresa May backs Britain’s biggest carmaker in drive to meet environmental pledge

English cricket seeks to capitalise on World Cup win (14 hours old)

Governing body to invest £770m over five years to increase popularity of sport

Johnson’s leadership style shaped by time as mayor (1 day old)

Frontrunner to be next UK prime minister prefers to let others grapple with detail

India’s mango exporters frustrated with US trade dispute (4 hours old)

Government talks fail to bear fruit, threatening producers’ plans to boost global sales

Mnuchin joins Facebook critics on Libra cryptocurrency (6 hours old)

US Treasury secretary says social network has ‘a lot of work to do’ to win approval

© 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

Young key workers in London spend more than half of pay on rent (4 hours old)

Harder for teachers, nurses and police to keep pace with England’s housing costs – PwCLondon and the southern regions of England are facing a dearth of teachers, nurses and police officers as rising rents make housing in large parts of the UK unaffordable for key public sector workers.A report by the consultancy firm PricewaterhouseCoopers said there was an urgent need to increase the supply of homes after it found that the failure of public sector pay to keep pace with soaring housing costs had made it increasingly hard for workers on modest incomes to make ends meet. Continue reading...

Gavin Woodhouse can be removed as director of companies, says high court (10 hours old)

Thousands withdrawn from bank account not disclosed to administrators, judge hearsThe high court has ruled that Gavin Woodhouse can be removed as a director of a series of his subsidiary companies after a judge heard the embattled financier had been withdrawing tens of thousands of pounds from a bank account he had kept secret from administrators.The move follows temporary administrators taking control of five Woodhouse companies over the past two weeks, including care homes and a planned adventure park. A crisis has engulfed the entrepreneur’s business interests after an undercover investigat[...]

Boeing 737 Max ordered by Ryanair undergoes name change (15 hours old)

Decision fuels speculation that troubled plane will be rebranded once it is given all clear to flyA Boeing 737 Max due to be delivered to Ryanair has had the name Max dropped from the livery, further fuelling speculation that the manufacturer and airlines will seek to rebrand the troubled plane once it is given the all clear to fly again.Photos have emerged of a 737 Max in Ryanair colours outside Boeing’s manufacturing hub, with the designation 737-8200 – instead of 737 Max – on the nose. The 737-8200 is a type name for the aircraft that is used by aviation agencies. Continue reading...

'Tulip' tower project in City of London vetoed by Sadiq Khan (5 hours old)

Design of proposed 300–metre skyscraper by Norman Foster’s firm deemed not good enoughPlans to build a 300-metre (1,000ft) skyscraper dubbed “the Tulip” in the City of London near the Thames have been thrown out by the capital’s mayor, Sadiq Khan.The building, designed by Norman Foster’s architectural practice, would have been the second tallest in western Europe, but its design was deemed not to be good enough for such a prime location. Continue reading...

Alan Turing to feature on new £50 banknote (4 hours old)

Mathematician who cracked Enigma code was persecuted for his homosexuality in 1950sThe father of modern computing: Alan Turing’s legacyAlan Turing, the scientist known for helping crack the Enigma code during the second world war and pioneering the modern computer, has been chosen to appear on the new £50 note.The mathematician was selected from a list of almost 1,000 scientists in a decision that recognised both his role in fending off the threat of German U-boats in the Battle of the Atlantic and the impact of his postwar persecution for homosexuality. Continue reading...

No 10 hands Jaguar Land Rover £500m loan to develop electric cars (9 hours old)

Meeting of carmakers also told of plan for new houses to have EV charging pointThe government has handed Jaguar Land Rover a £500m loan guarantee to help accelerate its progress in the global electric vehicle race.Theresa May said the loan would help Britain’s biggest carmaker sell the next generation of electric cars around the world. She told a meeting of industry leaders at Downing Street on Monday that the funding pot would include £500m from UK Export Finance alongside another £125m from commercial lenders. Continue reading...

Donald Trump claims trade war is working as China's economy slows (13 hours old)

Chinese economic growth falls to slowest pace since 1992 – but is expanding faster than the USDonald Trump has claimed that his tariff battle with China is working after official data from Beijing showed growth in the world’s second biggest economy dropping to its slowest pace since 1992.The US president said the impact of his protectionist measures had been to cause an exodus of companies from China, as Beijing announced that its annual rate of expansion had slowed from 6.4% to 6.2% in the second quarter of 2019. Continue reading...

Pets at Home buys stake in dog-walking service Tailster (15 hours old)

Tailster uses app to offer network of 26,000 self-employed pet carers across UKPets at Home has taken a stake in the dog-walking and pet-sitting service Tailster.com, aiming to take a slice of a market estimated to be worth £1bn.Tailster uses a network of 26,000 self-employed pet carers across the UK, which it connects with customers via an app that offers GPS tracking of dog walks, real time photos and free insurance. Continue reading...

Sports Direct delays results amid House of Fraser woes (20 hours old)

Retailer warns past financial guidance could change because of ‘a number of key areas’Sports Direct has delayed the publication of its annual financial results, warning that it could miss profit forecasts amid uncertainty over the performance of House of Fraser. Shares in the retail group, controlled by the Newcastle United owner Mike Ashley, fell nearly 10% to 238p, their lowest level this year, as analysts suggested the company was struggling to cope with a string of acquisitions made in the past 18 months. Continue reading...

Whistleblowers need independent office to protect them, say MPs (17 hours old)

Existing laws leaving staff who speak up exposed to abuse by their employers, says reportMPs are calling for the creation of an independent office to protect whistleblowers after a report found existing UK laws are leaving staff who speak up exposed to abuse by their employers.The paper, published by the all-party parliamentary group (APPG) on whistleblowing, detailed the serious personal and professional costs associated with calling out wrongdoing. Continue reading...

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

Telecoms

UK remains prime target for telephone scammers, report shows (1 day old)

Level of inbound fraud similar to that of Tunisia, Somalia and Cuba, BICS study finds

Ingenuity helps bridge UK’s rural broadband divide (2 days old [13/07/19])

Communities lay their own cables and set up bespoke masts to extend coverage

BT says it may cut dividend to fund fibre broadband plans (5 days old [10/07/19])

Chief says it could cost £400m-£600m to connect 15m homes by middle of next decade

Bulgaria’s Vivacom up for sale in spite of ownership dispute (5 days old [10/07/19])

Lazard has been appointed to sell country’s largest telecoms company

Orange chief Richard acquitted in long-running fraud case (6 days old [09/07/19])

Paris court clears telecoms company leader of any wrongdoing in Tapie action

Bob Collymore, telecoms executive, 1958-2019 (10 days old [05/07/19])

A pioneering businessman who drove Kenya’s mobile money revolution

EU states reject WiFi plan for driverless cars (11 days old [04/07/19])

Proposal from European Commission would have excluded future 5G systems

Huawei: still fighting for survival despite Trump truce (12 days old [03/07/19])

The Chinese telecoms group is determined to accelerate efforts to become self-reliant

Dish/Sprint/T-Mobile: fourth in July (13 days old [02/07/19])

The Feds are insisting on a market with 4 players

© 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

Facebook launches tool to shutdown online scams (4 hours old)

Martin Lewis lawsuit prompts new reporting procedure for fraudulent ads

Southeast Asian tech boom leaves Singapore standing (5 hours old)

Low valuations and thin liquidity encourage companies to sell stock elsewhere

Broadcom’s bid for Symantec stalls over price cut (9 hours old)

Takeover talks halted at eleventh hour after US chipmaker reduces offer

New £50 banknote faces Turing test (10 hours old)

The Birds and the bikes, Facebook’s fine, Apollo 11’s week, Bose Frames

Uber ties executive bonuses to diversity targets (13 hours old)

Ride-hailing company seeks to increase number of women and under-represented people in top roles

Yandex and Uber buy Russia’s largest taxi company (14 hours old)

Ride-hailing joint venture significantly increases its market share with purchase of Vezyot

Recursion raises $121m to map how disease affects cells (15 hours old)

Latest fundraising comes as investors bet that AI will change drug discovery

Hellobike eases past China’s cycle-sharing pack (16 hours old)

Alibaba unit Ant Financial is biggest investor in rare survivor of brutal price wars

Digital upstarts need to play by the same rules (17 hours old)

We need to create an environment in which the benefits can be reaped while minimising the risks

Tencent-backed robot maker UBTech looks to China for IPO (22 hours old)

Shenzhen-based company ponders choice of venue after $5bn valuation 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

When most people never see a £50 note, why have it? (4 hours old)

The Bank of England has unveiled the new Alan Turing £50 note, but does it make sense to even have it?

Harrods of the High Street or fraying at the seams? (4 hours old)

Mike Ashley promised to revitalise House of Fraser, but there are concerns over how he is managing the brand.

Government should not manage railways, says review (4 hours old)

A "Fat Controller" figure should lead operations, says the man tasked with improving the railways.

Facebook scam-busting service goes live (4 hours old)

New tools to fight online scams are launched after a legal action by TV personality Martin Lewis.

Facebook's Libra could be misused, says treasury chief Mnuchin (7 hours old)

Steven Mnuchin joins other powerful voices in warning that the cryptocurrency could be misused.

Juul: E-cig boss says sorry to parents over child vaping (6 hours old)

The head of Juul's comments come in a documentary about an "epidemic" of vaping among young people.

Boeing ditches 737 Max name on new Ryanair plane (10 hours old)

Photos show "737 Max" has been replaced with "737-8200" on plane, fuelling speculation about a rebrand.

Amazon workers launch protests on Prime Day (13 hours old)

Thousands of workers are calling for better conditions as the retail giant's annual sale starts.

New face of the Bank of England's £50 note is revealed as Alan Turing (15 hours old)

The note - once called the currency of corrupt elites - gets a makeover with the image of a computer pioneer.

Sports Direct delays results as House of Fraser trading 'uncertain' (12 hours old)

Mike Ashley's company says "uncertain" trading at House of Fraser is part of the reason for the delay.

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UK equities

Stocks to watch: Galapagos, Sports Direct, Antofagasta (13 hours old)

Chairman’s £11.6m share sale puts Micro Focus under pressure

Stocks to watch: Thomas Cook, Hiscox, Ascential, easyJet, Ingenico (3 days old [12/07/19])

Swatch’s high-end watches can deliver an earnings surprise, says Goldman

CYBG’s pay review set to shut out ordinary investors (3 days old [12/07/19])

Fund managers in line to be consulted benefit from big remuneration packages themselves

Stocks to watch: Indivior, Hurricane Energy, Cobham, Natixis, BAT (4 days old [11/07/19])

Umicore will struggle after Chinese electric car sales stall, says UBS

Markets misunderstand Brexit chaos lying ahead (5 days old [11/07/19])

Political risk ignored by zombie markets, but reckoning awaits

Stocks to watch: PageGroup, Hays, Wetherspoon, Ashtead (5 days old [10/07/19])

Shares in staffing companies fall on European slowdown worries

Stocks to watch: BASF, IP Group, Adecco, Smurfit, Just Eat, Croda (6 days old [09/07/19])

Europe’s slowdown leaves staffing companies exposed, says Goldman Sachs

Stocks to watch: Imperial Brands, IAG, State Street, Inchcape (7 days old [08/07/19])

Cineworld looks like a private equity takeover target, says RBC

Stocks to watch: Hexagon, Spectris, Osram, SIG, John Wood, Iliad (10 days old [05/07/19])

End of US jobs boom spells trouble for European staffing groups, says Deutsche Bank

UK challenger banks descend from hype to reality (10 days old [05/07/19])

Taking on the big lenders is proving much more difficult than investors assumed

© 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

UK rail needs a new balance between public and private (4 hours old)

We need to rethink the network’s structure; franchising in its current form has had its day

China’s slowdown masks its scale and resilience (10 hours old)

The main structural frailties are domestic rather than external

Citigroup: upping the penny ante (10 hours old)

Bank is executing on being boring, which may not be enough

Ardagh/Ontario Teachers: cooling ardour (11 hours old)

Shedding heavy metal should help margins at packaging group

AB InBev/Asia IPO: glass struggle (12 hours old)

Investors should leave off the beer goggles when looking at the brewer’s prospects

Fintech Revolut may need greyer grandee than Gilbert (12 hours old)

Digital banking group is raising money but attracting scrutiny from regulators

Auditors/Sports Direct: no shoo in (13 hours old)

Accountants no longer want clients to be sitting too comfortably

The new prime minister may have a bumpy ride (13 hours old)

If the next Tory leader sinks into the Brexit mire, parliament could become more obstructive

Anti-vaxxers distract from a more serious threat (13 hours old)

Many parents aren’t afraid of social media trolls but simply can’t access or afford vaccines

Nigeria’s grazing crisis threatens the future of the nation (15 hours old)

Ethnic tension sparked by cattle herding has resulted in thousands of deaths

© 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