headline picture.

Business



All information from this site is pulled from various RSS feeds, if you have any suggestions for information please contact us.

Evening Star News

More work needed to repair ‘systemic failures’ for rape survivors (1 minute old)

A sexual assault support service has welcomed attempts to improve the number of rape cases reaching court – but called for more work to repair ‘systemic failures’ of the justice system.

‘Don’t make 2020 any worse’ – Police launch drink-driving crackdown (40 minutes old)

Police are encouraging people to enjoy themselves sensibly in the lead up to Christmas – and not put lives at risk by driving while under the influence.

Brewery boss apologises for ‘ridiculous’ decision to drink and drive (1 hour 28 minutes old)

A Suffolk brewery boss and pub landlord has apologised for his ‘ridiculous’ decision to drive while almost three times the legal alcohol limit.

5.9m non-compliant PPE items stopped at Felixstowe not government or NHS orders, says Trading Standards (1 hour 35 minutes old)

Nearly six million items of PPE stopped at the Suffolk border because they did not meet UK safety standards were not government or NHS orders, it has been confirmed.

Why we should accept it’s right for Suffolk to be in Tier 2 post-lockdown (1 hour 37 minutes old)

This week we have seen the end of the second lockdown and all shops are now able to open their doors to Christmas shoppers – but as the whole of the East of England has gone into Tier 2 there remain tight restrictions on many sectors, especially hospitality, writes Paul Geater.

Regeneration plans for Ipswich Debenhams building halted after retailer’s collapse (1 hour 58 minutes old)

A key deal for the council to buy the Ipswich Debenhams unit in a bid to keep one of the town’s most prominent retail units in use had not been completed prior to Tuesday’s administration news, it has been confirmed.

UK approves Covid-19 vaccine – 800,000 doses available next week (4 hours old)

A Covid-19 vaccine has been approved for use in the UK.

More than 40% of Suffolk police have not had access to adequate PPE (6 hours old)

More than 40% of Suffolk police officers have not had access to adequate personal protective equipment during the coronavirus pandemic, a survey has found.

Suffolk and north Essex MPs vote for reintroduction of three-tier system (16 hours old)

MPs across Suffolk and north Essex voted to reintroduce the three-tier system when the national coronavirus lockdown ends on Wednesday.

Shopkeeper confronts knifeman, court hears (17 hours old)

An Ipswich shopkeeper who was allegedly confronted by a man holding a knife tried to calm him down, a court has heard.

UK homepage

UK set for Covid-19 vaccinations from ‘next week’ after regulatory approval  (5 hours old)

Emergency use of BioNTech/Pfizer jab authorised ahead of US and EU

How the UK will unroll its ‘biggest vaccine programme in history’ (4 hours old)

BioNTech/Pfizer approval sets off race to stop spread of coronavirus

Barnier seeks to win round EU capitals as Brexit endgame raises tensions (3 hours old)

Bloc’s chief negotiator says next 36 hours will be critical to fate of negotiations with UK

SoftBank abandons its ‘Nasdaq whale’ bets (3 hours old)

Japanese group will let its options on tech stocks expire after strategy questioned by investors

Chinese state-backed funds invest in US tech despite Washington curbs (5 hours old)

Groups strike deals in sensitive sectors even as new rules enacted over security concerns

Citi’s next CEO Jane Fraser on regulators, Covid and breaking the gender barrier (2 hours old)

The first female leader of a major Wall Street bank has always enjoyed ‘playing the game differently’

The west must live up to its own principles on democracy (1 hour 30 minutes old)

Backsliding undercuts the cohesion of Nato at a time when conflicts around the world are heating up

EU keeps UK guessing on post-Brexit rights (9 hours old)

British banks and pet owners among those waiting for Brussels to show its hand

Disaffected Tory MPs take comfort in research groups (17 hours old)

Rise in factions points to restless backbenchers who feel abandoned by leadership

© Copyright The Financial Times Ltd 2020. "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

Closing UK furlough scheme this autumn is a mistake, says NIESR (127 days old [28/07/20])

Thinktank says ending Covid-19 wage subsidy scheme from August could cost 1.2m jobsThe government closing its furlough scheme this autumn is a “mistake” that will drive up unemployment by 1.2 million by Christmas, one of the UK’s leading economics thinktanks has warned.Sounding the alarm over the mounting risk to jobs, the National Institute of Economic and Social Research (NIESR) said extending the wage subsidy scheme until the middle of next year would dramatically cut the number of redundancies across Britain and would probably pay for itself. Continue reading...

Boohoo vows to 'act decisively' on lawyers' review of UK supply chain (126 days old [28/07/20])

Retailer faced allegations that factories making its clothes in Leicester were paying workers below minimum wageThe online fashion retailer Boohoo has promised to “act decisively” on any recommendations made by lawyers investigating its UK supply chain, after it faced allegations that factories making its clothes in Leicester were paying workers below the minimum wage. So far, the company has not committed to publishing the full report.The independent review is being led by Alison Levitt QC, the former head of law firm Mishcon de Reya’s white-collar crime unit, and on Tuesday the company said [...]

Selfridges to cut 450 jobs as Covid-19 causes 'toughest year' (127 days old [28/07/20])

Redundancies at department store chain follow 700 job losses at Harrods this monthCoronavirus – latest updatesSee all our coronavirus coverageSelfridges is to cut 450 jobs across its department stores, in the latest blow to UK high street retailers hit hard by the coronavirus pandemic.The cuts represent 14% of its workforce and Anne Pitcher, group managing director, said it was the “toughest decision we have ever had to take”. Selfridges operates four department stores in the UK including its London flagship on Oxford Street, as well as a website. Continue reading...

Brexit will deliver double shock to UK economy, study finds (127 days old [28/07/20])

Exclusive: LSE report says even sectors unscathed from coronavirus crisis will be severely affectedA Brexit hit is looming for sectors that have emerged relatively unscathed from the Covid-19 pandemic, analysis by the London School of Economics suggests.The LSE report says Brexit will deliver a double shock to the economy – with business conditions worsening for those sectors that have survived the impact of coronavirus and lockdown measures – whether Boris Johnson secures a deal with the EU or not. Continue reading...

BA cabin crew warn of 'immediate' strike over plans to cut 12,000 jobs (126 days old [28/07/20])

Trade union accuses airline of setting out to fire and rehire thousands of workers on less favourable termsBritish Airways cabin crew have warned the airline to expect an “immediate” strike over plans to cut up to 12,000 jobs following the collapse in demand for air travel because of the coronavirus pandemic.Unite, the trade union which represents thousands of BA employees including cabin crew, engineers and maintenance staff, accused the airline of planning to “fire and rehire” thousands of its workers on reduced terms. Continue reading...

Billionaire bosses to feel the heat over tech giants' massive wealth and power (126 days old [28/07/20])

Extraordinary hearing will see some of the richest men in history called to account for their firms’ market dominanceSome of the richest men in history representing the most valuable companies ever created will be grilled by Congress on Wednesday , as US authorities get increasingly serious about whether tech giants Amazon, Apple, Facebook and Alphabet have become too powerful. Related: Clashes in Portland as Trump’s actions light fuse under protests in other cities Continue reading...

Hong Kong property tycoon pitches new city idea to Ireland (126 days old [28/07/20])

Ivan Ko hopes to find site between Dublin and Belfast to host 50,000 fellow HongkongersA Hong Kong property tycoon wants to build a city in Ireland to host 50,000 emigrants from the semi-autonomous city.Ivan Ko, founder of the Victoria Harbour Group (VHG), an international charter city investment company, hopes to find a 50 sq km site between Dublin and Belfast to create a new city, named Nextpolis, from scratch. Continue reading...

UK broadband users to save £270m after Ofcom price review (126 days old [28/07/20])

Regulator finds 40% of customers are out of contract and most are paying too muchMillions of customers are in line to share in savings of more than £270m a year on the cost of their broadband bills, after Ofcom reached agreement with companies on pricing changes and commitments to offer better deals when consumers’ contracts come to an end.A report released by the telecoms and media regulator found that about 40% of UK broadband customers, 8.7 million, are out of contract and most of them are paying higher prices than they could be if they struck a new deal or changed providers. On average, th[...]

BAME representation in UK's top jobs has barely risen in past three years (127 days old [28/07/20])

Colour of Power survey finds issue not addressed despite government-backed targetsThe proportion of black, Asian and minority ethnic people in some of the 1,100 most powerful jobs in the UK has barely moved over the past three years, according to a study that highlights the lack of non-white representation across key roles.Only 51 out of the 1,097 most powerful roles in the country are filled by non-white individuals, an increase of only 1.2%, or 15 people, since 2017, the Colour of Power survey by consultants Green Park and not-for-profit organisation Operation Black Vote said. Continue readi[...]

Coronavirus spurs sales surge for makers of Dettol (127 days old [28/07/20])

Reckitt Benckiser, which owns Vanish, Finish, and Harpic says it’s struggling to sate demand in parts of US and UKCoronavirus – latest updatesSee all our coronavirus coverageConsumer demand for cleaning products from Dettol to Lysol provided a pandemic sales surge for Reckitt Benckiser, although the company admitted it is still struggling to keep shelves stocked in “pockets” of the UK and US.The consumer goods group, which owns brands including Cillit Bang, Nurofen and Durex, beat market expectations with total revenues rising 11.9% to £6.9bn in the first half. Continue reading...

Guardian News and Media Limited or its affiliated companies. All rights reserved. 2020

Telecoms

The Future of Telecommunications (2 days old [30/11/20])

Telecoms groups rise to the pandemic challenge; how Nigeria offers enticing prospects for investors; ‘Project Triffid’ is unleashed on the internet of things; smart ambulances offer a faster route to treating health emergencies; how retailers can break into telecoms; plus the new technology job opportunities emerging in the pandemic.

Digital push for Nigeria’s telecoms industry (2 days old [30/11/20])

National broadband plan and a youthful population provide reasons for optimism for companies aiming to invest in the sector

Broadband networks prove their mettle in pandemic challenge (2 days old [30/11/20])

Telecoms companies seek the removal of regulatory barriers to help them build on success in meeting lockdown demand

UK to ban installation of Huawei 5G equipment from September (2 days old [30/11/20])

Move comes as surprise to industry which had stockpiled kit, expecting to be able to use it until 2027

Gojek bags $150m from Indonesian mobile operator Telkomsel (7 days old [24/11/20])

State-owned company joins Google and Facebook in backing superapp

UK rushes to upgrade broadband at emergency vaccination sites (7 days old [24/11/20])

Telecoms companies asked to assess 47 locations to ensure they can open by next week to inoculate NHS workers

UK telecoms groups face huge fines for Huawei breaches  (8 days old [24/11/20])

Government adds installation ban on top of existing plan to phase out Chinese company

New battleground takes shape over 5G patents (12 days old [20/11/20])

Demand for connectivity heightens tensions between innovators and intellectual property owners

Vodafone/Vantage IPO: towers of strength (14 days old [18/11/20])

Telecoms airtime is under constant price pressure. Masts, with the quasi-monopoly status of any real estate, are worth more

Ericsson chief hits out at Swedish 5G ban on Huawei (14 days old [18/11/20])

Borje Ekholm says action against his rival undermines free competition and trade

© Copyright The Financial Times Ltd 2020. "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

Chinese smartphones: Xiaomi the outlook (34 minutes old)

Opportunistic timing and reduced pricing of fundraising send a discouraging signal

Australia’s new tech code is a road worth exploring (1 hour 22 minutes old)

Effort to force Facebook and Google to share revenue with news sites is a novel way of dealing with a global problem

SoftBank abandons its ‘Nasdaq whale’ bets (3 hours old)

Japanese group will let its options on tech stocks expire after strategy questioned by investors

Shares in China’s Xiaomi drop after $4bn fund raise (4 hours old)

Smartphone group plans to use proceeds to boost market share as Washington curbs hit rival Huawei

China's big funds scour US for sensitive tech investments (5 hours old)

#techAsia, your guide to the billions made and lost in Asia tech

Chinese state-backed funds invest in US tech despite Washington curbs (5 hours old)

Groups strike deals in sensitive sectors even as new rules enacted over security concerns

Trump seeks to use defence bill to strip social media groups of immunity  (6 hours old)

US president pushes lawmakers to rescind Section 230 before signing the ‘must pass’ legislation

Salesforce to buy Slack for $27.7bn (11 hours old)

Cash-and-stock deal caps banner year for cloud computing

Apple sued in Europe over software update that slowed old iPhones (14 hours old)

Legal action comes after company agreed to $500m settlement in US over similar claims

Amazon extends cloud cover (18 hours old)

Qualcomm’s 5G boost, Zoom boom fading, Instagram story prize

© Copyright The Financial Times Ltd 2020. "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

Bonmarché collapses into administration (1 hour 15 minutes old)

More than 1,500 jobs are at risk following the collapse of the women's fashion chain.

EasyJet to charge for overhead luggage lockers (51 minutes old)

Customers who want to use overhead storage must buy more expensive tickets, the airline says.

Will vaccine save the UK economy? (40 minutes old)

Vaccines could give businesses the confidence to invest, stopping job cuts and closures.

Tesco to repay £585m in business rates relief after payout backlash (2 minutes old)

The move comes after Tesco was criticised for paying dividends to shareholders.

Debenhams website overwhelmed as shoppers swoop on sales (2 hours old)

The 242-year-old department has started a clearance sale after it said it would permanently close.

Shop workers crisis: 'I wake up worried about my job' (13 hours old)

Young people working in retail have been hard hit by the collapse of some of the UK's biggest chains.

Nike's diversity advert causing a backlash in Japan (10 hours old)

The sportswear giant is facing criticism online, but it could work in its favour with more sales.

Brexit: HMRC to take 'sympathetic' customs approach from 1 January (1 hour 41 minutes old)

HMRC is "aware" many businesses are not yet clear about forthcoming Brexit rules on Irish Sea trade.

Christmas: Shops offer early festive discounts in battle for survival (13 hours old)

Shop prices are falling in the run-up to Christmas as retailers race to clear stock, a report says.

Debenhams: Over 200 years of history (13 hours old)

The ailing department store chain is set to close, marking its final chapter after nearly 250 years.

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

Treatt is a standout in a tough year for my portfolio (8 hours old)

It’s time to take stock, withdrawing future dividend income

FTSE surges as tech and value keep spinning around  (19 hours old)

Unloved shares drove UK market’s best month since 1989; Hyve exhibits recovery potential

Vaccines not politics are driving the soaring markets (4 days old [27/11/20])

‘Cheap’ UK equities stand to benefit from a rotation into companies that will rise with a recovery

Global stock rally pauses after Wall Street’s record high (6 days old [25/11/20])

US and European equities drift lower as policymakers give verdicts on strength of recovery

US stocks rise after AstraZeneca-Oxford vaccine results (8 days old [23/11/20])

Data released on Monday showed the jab has average efficacy of 70%

UK exchange Aquis woos brokers in bid to revive trading (9 days old [23/11/20])

Stakeholder scheme aims to reboot specialist market aimed at smaller companies

US stocks lose ground as Treasury-Fed spat simmers (11 days old [20/11/20])

Late-session fall comes after European bourses built on strong monthly rallies

Investors in limbo after Hargreaves platform glitches  (12 days old [20/11/20])

Clients angry at company’s response after technical failures left many overdrawn

Tech stocks in driving seat as S&P 500 ekes out modest gain (12 days old [19/11/20])

Investors in Europe focused on downbeat economic news and coronavirus numbers

Nasdaq jumps 2% as ‘stay at home’ stocks recover  (20 days old [11/11/20])

Tech shares rise and travel stocks fall after vaccine-related rotation unwinds

© Copyright The Financial Times Ltd 2020. "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

Chinese smartphones: Xiaomi the outlook (34 minutes old)

Opportunistic timing and reduced pricing of fundraising send a discouraging signal

Australia’s new tech code is a road worth exploring (1 hour 22 minutes old)

Effort to force Facebook and Google to share revenue with news sites is a novel way of dealing with a global problem

The west must live up to its own principles on democracy (1 hour 30 minutes old)

Backsliding undercuts the cohesion of Nato at a time when conflicts around the world are heating up

Emerging market cycle shows that quality wins over long-term (2 hours old)

Slower macroeconomic expansion will ensure quality growth retains a premium

A chance to press on with EU banking union (3 hours old)

Agreement on bolstering crisis-fighting tools shows that solidarity holds

How joint custody makes lockdown possible (8 hours old)

Equitable co-parenting is the key to juggling schedules and maintaining children’s wellbeing

Treatt is a standout in a tough year for my portfolio (8 hours old)

It’s time to take stock, withdrawing future dividend income

Troubles of famed Paris bookshop expose French retail shift  (8 hours old)

Pandemic has hit bricks-and-mortar stores like the much-loved Gibert Jeune in the Latin Quarter

Time for US to address savings crisis for workers (9 hours old)

Ravages of the pandemic means shift is needed to boost financial resilience

Fisheries should not block a Brexit deal (18 hours old)

Control of territorial waters is seen as a symbol of sovereignty

© Copyright The Financial Times Ltd 2020. "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