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Evening Star News

Single-vehicle crash in Ipswich’s Yarmouth Road (3 hours old)

Police have been called to the scene of a collision near Ipswich town centre.

Eleven fire engines sent to false alarm at Port of Felixstowe (5 hours old)

Eleven fire crews were sent to the Port of Felixstowe today amid fears a shipping container was alight.

Runners from Suffolk and north Essex conquer London Marathon in record high temperatures (6 hours old)

A host of inspirational Suffolk and north Essex residents conquered the London Marathon yesterday in conditions that certainly weren’t for the faint-hearted.

New Longshed building designed to brighten Woodbridge’s Waterfront opened at Whisstocks development site (9 hours old)

A 20-year campaign to breathe new life into the Woodbridge Waterfront reach an important milestone on Saturday, as town officials opened the new and improved Longshed building.

Six acres of heath and woodland catch fire in Kesgrave (11 hours old)

Firefighters were called to tackle a large fire in an open space in Suffolk today.

Emergency responders save man stuck in mud near Shotley Pier (11 hours old)

Firefighters, coastguards and ambulance crews were sent to help a man who became stuck in mud on the Suffolk coast today.

Stowmarket hosts Mad Science Festival featuring magic mud, erupting volcanoes and human light chains (12 hours old)

Hundreds of children from across Stowmarket and the surrounding villages came together over the Easter Holidays to celebrate the world of science.

A chance of hail on a sweltering hot day? A weather forecaster explains why (13 hours old)

With the sun beating down and temperatures soaring it is hard to imagine hailstones falling.

Barbecues and bouncy castles bring community together at Bucklesham Grange Care Home (13 hours old)

Sunny weather was taken full advantage of at a Suffolk care home yesterday as it threw open its doors to friends and family for a barbecue.

‘Potent’ thunderstorms hit East Anglia after week of dazzling sunshine and hottest London Marathon on record (13 hours old)

Dazzling sunshine has poured down on Suffolk and north Essex this weekend – with sun-seekers flocking to coastal resorts to enjoy the hot weather.

UK homepage

EU budget revamp set to shift funds to southern states (7 hours old)

Warsaw and Budapest fear loss of support as future allocation to be linked to ‘values’

US companies count the costs of Trump tax law (14 hours old)

FT analysis finds that charges knocked a net $18bn from book value of largest groups

Google under fire over tactics for EU data regulation (9 hours old)

Plans to preserve business model do not match spirit of GDPR, critics say

Hiring tumbles at UK fund houses as Brexit plans kick in (12 hours old)

Asset managers cut back on London appointments and bolster European bases

UK set to force companies to reveal pay ratios (23 hours old)

Sweeping reform of corporate governance expected in May

‘Beast from the East’ highlights UK gas vulnerability (3 hours old)

Report points to lack of storage, market volatility and quality of European connections

Stop our oceans choking on a plastic overdose (11 hours old)

Governments and companies must act globally to clean up the seas

Runners and riders in race to replace Carney at BoE (21 hours old)

British chancellor is scouring economic forums to find next central bank head

The eurozone economy: a nasty surprise in store? (22 hours old)

Warning signs after last year’s good news — the issue is whether slowdown is structural

Cameron faces scrutiny on UK-China fund (23 hours old)

Former PM met Hammond before London and Beijing endorsed business venture

© 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

City faces corruption crackdown as IMF investigates wealthy countries (13 hours old)

G7 nations plus Austria and Czech Republic face tests to prevent money launderingThe City of London will come under the spotlight of the International Monetary Fund as part of a crackdown on corruption that will investigate whether Britain and other rich countries are taking tough enough action against bribery and money laundering.In a hardening of its approach, the IMF said it needed to look at those giving bribes and financial centres that laundered dirty money as well as improving the existing clampdown on wrongdoing in poor countries. Continue reading...

Martin Lewis sues Facebook over fake ads with his name (5 hours old)

MoneySavingExpert founder says firm failed to stop false adverts luring victims into scamsMartin Lewis, the consumer advice and money-saving expert, is suing Facebook for defamation after it published dozens of fake adverts featuring his face and name. He is seeking exemplary damages in the high court, arguing that Facebook failed to prevent or swiftly remove false advertising that has both tarnished his reputation and lured unwitting victims into costly scams. Continue reading...

Bank of England 'dangerously ill-equipped' for next recession, says IPPR (10 hours old)

Thinktank warns of a ‘car crash’ as low interest rates mean further cuts to stimulate demand would not be an option The Bank of England is “dangerously ill-equipped” to avert the next recession and remains mired fighting the last downturn, according to a report calling for the introduction of radical new policy tools. According to the Institute for Public Policy Research (IPPR), the odds of a recession once every 10 to 15 years mean Threadneedle Street needs additional firepower for when the economy next begins to falter. Continue reading...

Head of EBRD hopes to expand into sub-Saharan Africa (11 hours old)

The European Bank for Reconstruction and Development keen to work with countries committed to market economicsA bank originally set up to help countries of the former Soviet bloc is poised to extend its operations into sub-Saharan Africa in order to speed up progress in meeting ambitious development goals set by the United Nations.Sir Suma Chakrabarti, the president of the London-based European Bank for Reconstruction and Development, said his organisation had the money and the expertise to stimulate the growth of strong private sectors in some of the world’s poorest countries. Continue readin[...]

Dieselgate leaves UK’s car industry in crisis (1 day old)

Sales have slumped in the scandal’s wake and left manufacturers gasping for a breath of fresh airPlummeting sales of diesel cars have driven Britain’s auto industry to the brink of a crisis, with the axe falling on thousands of manufacturing jobs, and dealerships threatened with savage restructuring.Vauxhall, which was bought by Peugeot’s parent company PSA last year, last week revealed plans to slash UK dealerships from 326 to about 200 as part of the French owner’s drive to return the loss-making Vauxhall and Opel marques to profitability. Also this week, it emerged that Nissan is preparing [...]

Construction industry needs a watchdog to stand guard over the little builders (20 hours old)

A new bill aims to ringfence payments to small contractors and stop the practice of ‘subbie-bashing’The concept of dominant forces in the construction industry snatching some readies off folk less powerful in the supply chain sounds a trifle Dickensian. Literally so, in that this is precisely what the odious Sam Pecksniff, the obsequious architect in Martin Chuzzlewit, did by trousering his students’ tuition fees and passing off their work as his own.But it is also quite obviously a modern phenomenon, too, most recently illustrated by the collapse of the “construction” giant Carillion – the co[...]

Labour to seek local support for £250bn 'regional renaissance' (13 hours old)

Party to court regional mayors and councils over transport and infrastructure spending plansLabour is to begin courting regional mayors and councils over its plans for £250bn of transport and infrastructure spending, promising to prioritise projects that boost productivity and help the rest of the country catch up with London. Speaking to the Guardian, Peter Dowd, the shadow chief secretary to the Treasury, said the party would open a series of consultations with local leaders over the coming months on its proposals to help close the regional divide. Continue reading...

Whitbread results may hold clues to future of Costa and Premier Inn (10 hours old)

Full-year figures could clarify if hospitality group is planning to split coffee and hotels divisionsA potential break-up of Whitbread could be signalled as early as Wednesday’s full-year results, as speculation grows that the group is becoming more receptive to the idea of spinning off its Costa coffee division. Activist investors that have built up stakes in the group over the past year believe that Whitbread would be best split into its two component parts, Costa and the Premier Inn hotel and restaurant chains – the latter including restaurant brands such as Brewers Fayre and Beefeater. Con[...]

What happens to the global publicity titans if advertising no longer pays? (1 day old)

The departure of Martin Sorrell from WPP is just the latest sign of the crisis surrounding big ad firms and their ageing leadersNot so long ago a bearish Sir Martin Sorrell berated the advertising industry for its unrealistic “Don Draperish optimism” in the face of tough times, in a reference to hit TV series Mad Men and its depiction of the halcyon days and excesses of 1960s adland. Now it is the next generation, of Sorrell and his “math men” – the builders of global empires designed to churn out profits – that is now perhaps on the brink of becoming history.Sorrell’s departure may have been [...]

Could Donald Trump's lone ranger approach provide the silver bullet? | Larry Elliott (16 hours old)

The president’s rejection of multilateralism is risky but our 70-year-old rule-based system is far from perfectDonald Trump is playing with fire. That thought permeated last week’s spring meetings of the International Monetary Fund and World Bank in Washington.The US president’s go-it-alone approach – especially in the field of trade – has certainly shaken things up. It is not just the threat of tariffs, nor that the US has brought the dispute settlement system at the World Trade Organisation to a standstill. Continue reading...

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


European telecoms bosses criticise Brussels’ digital reforms (14 hours old)

Letter from 30 companies says changes will be major disincentive to investment

European telecoms: crossed wires over Vodafone-Liberty deal (19 hours old)

The planned tie-up could create a champion to compete with US and Chinese behemoths, but it faces fierce opposition in Germany

Ericsson turnround shows signs of working (2 days old [20/04/18])

Swedish telecoms group’s shares surge as results beat forecasts

Time Warner’s Bewkes defends AT&T deal in court (4 days old [18/04/18])

Chief executive says $85bn sale is response to rise of Google and Facebook

ZTE Corp: red army ruction (5 days old [17/04/18])

Sanctions are bad news for the Chinese telecoms group but its rivals have little to gain

China’s Huawei backtracks on 5G shift (5 days old [17/04/18])

Former cheerleader pours cold water on technology’s benefits for consumers and operators

ZTE suspends trading in HK and Shenzhen after US ban (5 days old [17/04/18])

Chinese telecoms group faces ‘substantially damaging’ hit, analysts warn

UK and US move on Chinese group citing national security (6 days old [17/04/18])

Telecoms company ZTE hit by sanctions amid growing backlash in west

© 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.


Companies failing to monitor data across supply chain (3 hours old)

Businesses could be vulnerable as EU protection data rules set to take effect

Corporate anti-hacker group gains strength in fight against tech attacks (4 hours old)

Cyber Threat Alliance automatically sharing information doubles membership in a year

Uber’s south-east Asia exit can be Go-Jek’s gain (8 hours old)

Indonesia’s first unicorn start-up plans to expand amid regional ride-hailing shake-up

Google under fire over tactics for EU data regulation (9 hours old)

Plans to preserve business model do not match spirit of GDPR, critics say

Regulating Facebook merely nips at the edge of a bigger problem (10 hours old)

Consumers are under surveillance in ways we have just begun to grapple with

Hunt tells social media groups to protect children (15 hours old)

Health secretary considers legislation to restrict access to online platforms

Microchips have macro problems (1 day old)

Dell's way back, stung by StingRays, Nintendo’s cardboard pianos  

The Queen’s Awards for Enterprise (1 day old)

With Brexit less than a year away, the UK government is looking to far-seeing companies such as Queen’s Awards winners to show the way in international trade and innovative ideas

The UK battery technology racing towards an electric future (1 day old)

A Formula E crash proved the worth of Williams Advanced Engineering’s new tech

Wanted: British export and innovation expertise post-Brexit (1 day old)

The UK needs new ideas and skills for expanding sales worldwide

© 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

Interest rates to rise twice this year, says EY Item Club (3 hours old)

The EY Item Club predicts two rises this year and two next year, despite sluggish economic growth.

TSB customers report online problems (5 hours old)

One man was credited with £13,000 he didn't have, and could see details of someone else's account.

No-deal Brexit 'disastrous' for food firms (16 hours old)

Free trade with the EU post-Brexit is "crucial" for UK food and drink firms, says a committee of MPs.

Six shops defying the High Street downturn (2 days old [20/04/18])

It's not all doom and gloom for UK retailers: some are managing to buck the trend.

Korean Air 'nut rage' sisters step down (14 hours old)

The airline boss's daughters have lost their tempers in separate incidents that hit the headlines.

The master blender who is Scotch whisky's First Lady (1 day old)

Rachel Barrie is a rarity in the world of Scotch whisky - a female master blender.

Social media facing new UK laws (12 hours old)

The health secretary wants action from the sites on underage use, bullying and screen-time limits.

Allied Healthcare: Home care provider seeks rescue plan (1 day old)

Allied Healthcare, one of the UK's biggest providers of in-home care, blames a "challenging environment".

Farmers hit by record straw prices (2 days old [20/04/18])

Low stocks and high demand for straw have combined to push prices to historic highs.

State pension gender gap 'narrowing too slowly' (2 days old [20/04/18])

Men still receive an average of £28 more a week in state pension than women despite reforms, says Which?.

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

Slide for US tech stocks weighs on Wall Street (2 days old [20/04/18])

Yield on 10-year Treasury hits four-year high

Stocks to watch: Shire, Dunelm, Hammerson, Ericsson, Esure, GE (2 days old [20/04/18])

Aggregates maker CRH climbs on hopes of US spin-off and potential cash return

Hammerson is where little happens for shareholders (2 days old [20/04/18])

UK government doubles down on green policy and time for less bloated accounting

Stocks to watch: BAT, Shire, Vectura, Ultra Electronics, Apple (3 days old [19/04/18])

Intu Properties looks likely to be left on the shelf, says Barclays

Richard Buxton calls UK equities sell-off misguided (3 days old [19/04/18])

Fund manager believes London-listed stocks are now attractive as Brexit concerns ebb

Commodity stocks buoy bourses (3 days old [19/04/18])

Resource stocks shine while earnings season also sets tone

Miners push FTSE to highest level in 2 months (4 days old [18/04/18])

Bullion miners also find support

Stocks to watch: CYBG, Hochschild, Whitbread, AA, Kaz Minerals (4 days old [18/04/18])

German carmakers will leave Tesla in the dust, says Barclays

© 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.


Aim ventures need to take blinkers off on good governance (8 hours old)

From June, small companies will have to comply with the QCA code

Corporate clemency for bosses is bad for capitalism (10 hours old)

Boards have wider duties than simply to protect a company’s share price

Is the US headed for a public debt crisis? (12 hours old)

Unsustainable borrowing may cause a clash with the Fed, but not a solvency crisis

General Electric: Zombieland (15 hours old)

Conglomerate can only get by on dullness for so long

Corporate wellbeing is no substitute for good management (17 hours old)

Mantras and meditation do not remove the stress of long hours and lay-offs

Opinion today: Lessons from the Windrush scandal (1 day old)

The fiasco over the legal status of the ‘Windrush generation’ has kick-started a much bigger conversation about immigration

Investors cannot ignore the message of the US bond market (1 day old)

Signals sent about the economy by yields have been mightily reliable over time

Wenger and Sorrell show the costs and prizes of leadership longevity (2 days old [21/04/18])

The Arsenal manager saw more than a football club change over the past 22 years

Thoughts for the weekend (2 days old [20/04/18])

© 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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