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Evening Star News

Ipswich school to accept boarders for the first time in its 140 year history (7 hours old)

An Ipswich school is opening its doors to boarders shortly after accepting boys for the first time.

Man, 20, released under investigation after latest Ipswich stabbing (9 hours old)

Police investigating reports of a stabbing in Ipswich have released a man in connection with the incident as enquiries into what happened continue.

Suffolk man died scaling Russian mountain (9 hours old)

A man from Suffolk died while attempting to climb the tallest mountain in Europe, an inquest heard.

30 staff lose jobs as airport taxi run firm falls into administration (10 hours old)

All 30 staff at an Ipswich firm offering airport taxi runs have lost their jobs after it collapsed into administration, it has emerged.

Luxury train offers 7-course Christmas lunch for £260 (10 hours old)

Jump aboard one of the country’s most spectacular trains and celebrate Christmas in style.

Drug drivers banned for 4,599 months and fined almost £60k in last year (11 hours old)

Almost £60,000 of fines were handed out to drug-drivers across Suffolk in the last year – as figures revealed almost half of those tested at the roadside gave positive saliva samples.

Popular Suffolk teacher died attempting ‘risky’ skydiving move (11 hours old)

A young teacher died after attempting a “high performance” skydiving manoeuvre, an inquest heard.

Batman etched on man’s prosthetic leg as Ipswich garage launches free innovative vinyl wrap service (11 hours old)

A Royal Mail employee is thrilled to have his favourite superhero on his prosthetic leg thanks to an Ipswich garage.

‘A real spectacle to remember’ – New steampunk festival to launch in Suffolk (12 hours old)

A steampunk “extravaganza” is launching on the Suffolk coast, featuring curiosities with a Halloween twist.

Final push to vote Woodbridge in Great British High Street awards (12 hours old)

Admirers of a picturesque Suffolk high street vying for the title of Britain’s best are being urged to back a final push for votes.

UK homepage

Hammond’s £13bn annual windfall set to ease NHS strain (6 hours old)

OBR underestimate on tax receipts hands chancellor Budget reprieve

How the Khashoggi killing threatens Saudi investment plan (22 hours old)

The role of the PIF is to reshape the kingdom’s economy and attract overseas money, its mission is now much harder

Uber chief says workplace culture needs improvement (3 hours old)

Dara Khosrowshahi’s comments come on same day as senior executive resigns

Theresa May offers plan to unblock Brexit talks (8 hours old)

Proposal to MPs includes possibility of extended transition to 2021

Sterling takes fresh hit on persistent political worries (13 hours old)

UK currency strikes lowest level in more than two weeks

Italy tells EU it will stand firm on budget plan (10 hours old)

Finance minister insists Rome poses no threat to bloc’s financial stability

Democrats find hope in young for midterm elections (16 hours old)

Millennial voters and candidates are set for an outsized role at the November polls

Rebooting careers at any age with an MBA (23 hours old)

Longer working lives mean business schools attract people seeking a second act

Lay down cyber warfare rules before it is too late (15 hours old)

Computerised assaults are easy to unleash but hard to trace, and befuddle the enemy

Saudis ‘no intention’ of leveraging oil in Khashoggi case (19 hours old)

Energy minister says crude production is ‘isolated’ from politics

© 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

EU expected to seek revision of Italy's draft budget (12 hours old)

Unprecedented move likely after government insists it needs to increase deficitThe European commission is expected to ask Italy’s indebted government to revise its 2019 draft budget on Wednesday, the first time such a request will have been made of an EU member state.Italy refused to compromise on its economic targets, sending a letter to Brussels on Monday explaining why it will raise its deficit – the gap between government spending and income – to 2.4% of GDP. The prime minister, Giuseppe Conte, told reporters in Rome that the government was not being led by “a bunch of hotheads” and that t[...]

Vue puts Saudi cinema deal on hold after Khashoggi death (13 hours old)

CEO Tim Richards says joint venture to build up to 30 cinemas is being delayedVue, one of the world’s largest cinema operators, has put plans to open dozens of film theatres in Saudi Arabia on hold as a result of the murder of Jamal Khashoggi.In February, British-headquartered Vue International signed an exclusive memorandum of understanding with the Abdulmohsin al-Hokair property group to jointly build up to 30 cinema sites. Continue reading...

Netflix plans to raise $2bn as it invests in new content (8 hours old)

Streaming service’s liabilities of more than $30bn now dwarf annual revenuesNetflix has announced plans to raise a further $2bn (£1.5bn) in debt, adding to mounting long-term liabilities which now total more than $30bn.The US streaming service said the money raised will be used for a range of “general corporate purposes”, from buying new programmes and films to acquisitions. Continue reading...

DVDs have had their day as shoppers go skimpy and sustainable (3 hours old)

Alarm clocks and trouser presses are also out as John Lewis report reveals shopping trends Some 20 years after the first DVD players went on sale, they’re history. John Lewis won’t be restocking when the current players have sold out, the retailer said, after a 40% dive in sales this year.The DVD player’s demise is revealed in the annual snapshot of buying trends compiled by the department store group. A number of other devices and electricals are also in steep decline: sales of alarm clocks are down 16%, prompting the retailer to reduce its range by nearly a third, while desktop computers are[...]

Staff in line for payouts after Morrisons loses data leak appeal (13 hours old)

Workers’ personal details were leaked online by a senior IT employee in 2014Morrisons could face a hefty compensation bill after the supermarket lost an appeal against a ruling that it is liable for a former employee leaking personal information about 100,000 members of staff.The ruling, which paves the way for 5,518 claimants to receive compensation, is the UK’s first data protection class action. It comes after workers’ personal details were leaked online by a senior IT employee, Andrew Skelton, in 2014. Continue reading...

Ryanair profits fall as CEO predicts grim winter for aviation (18 hours old)

Fuel cost and strikes hit budget carrier and Michael O’Leary expects more airlines to go bustThe Ryanair chief executive, Michael O’Leary, has said he expects more airlines to go bust, as the budget carrier posted a 7% drop in profits because of rising fuel prices and strikes hitting costs and bookings.O’Leary predicted a grim winter for the aviation industry, with oil prices, interest rates and the US dollar rising and air fares falling. Continue reading...

Dr Martens stomps to strong profit on back of 90s fashion revival (15 hours old)

Sales of British bovver boot brand up by a fifth as young influencers rediscover trendProfits at Dr Martens have increased by a third as the Northamptonshire-based boot brand got a kick from a 90s fashion revival.The rise was led by a surge in demand across Europe, where the company opened 16 new stores, taking its total worldwide to 94. Underlying profits rose to £50m in the year to March as sales increased by a fifth to £348.6m. Continue reading...

Premier Inn unveils no-frills hotel brand with pod-style rooms (14 hours old)

Owner Whitbread creates spin-off Zip as it refocuses after sale of Costa Coffee to Coca-ColaPremier Inn’s owner, Whitbread, is launching a no-frills hotel chain with small pod-style rooms as the company seeks to refocus its business after the sale of its cafe chain Costa Coffee to Coca-Cola.Called Zip by Premier Inn, the new hotels will be located on the outskirts of major towns and cities. Rooms will cost from £19 a night and be less than half the size of a standard Premier Inn room, at 8.5 square metres. Premier Inn prices typically start at £49 while its more upmarket brand, hub, starts at [...]

Addison Lee aims to deploy self-driving cars in London by 2021 (21 hours old)

Tech pioneer Oxbotica to start mapping public roads as it calls deal with hire firm ‘huge leap’Self-driving car services could be on the streets of London within three years under a partnership between the private hire firm Addison Lee and the British driverless car pioneers Oxbotica.The companies have signed a deal to develop and deploy autonomous vehicles in the city by 2021. Continue reading...

A third of dual fuel tariffs will exceed government price cap (1 day old)

Analysis confirms that some fixed tariffs, which escape the cap, are not very competitiveAround a third of dual fuel energy tariffs will leave customers paying more than the government’s price cap when it takes effect at the end of the year.While ministers have promised that the cap will protect 11m households on poor-value default tariffs, the measure does not apply to fixed tariffs which are usually thought to be more competitive. Continue reading...

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

Telecoms

Ericsson: mast do better (4 days old [18/10/18])

Business has picked up, but not for long

US corruption probe casts pall over Ericsson rally (4 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 (5 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 (6 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 (10 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 (10 days old [12/10/18])

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

Equipment vendors battle for early lead in 5G (13 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 (19 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

Uber chief says workplace culture needs improvement (3 hours old)

Dara Khosrowshahi’s comments come on same day as senior executive resigns

Oculus co-founder to leave Facebook (8 hours old)

Founders of social networking company’s three largest acquisitions have now all left

Taiwan to share Chinese hacking details (12 hours old)

Cyber security groups will be able to use database to train AI software

A spikier world for tech start-ups beckons (12 hours old)

The venture-capital game is evolving with deals declining even as their value rises

Netflix returns to market with $2bn bond offering (13 hours old)

Debt to help finance heavy spending on original movies and TV shows

Snap’s vanishing prospects worry investors (23 hours old)

Analysts question if Evan Spiegel is fiddling while company burns through cash

UK’s Bidooh strikes deal for ‘Minority Report’ ads (23 hours old)

Shoppers in eastern Europe to be targeted with tailored promotions

Nobel Prize factory steps up quest for elusive matter (1 day old)

The country’s neutrino detector is the largest of its kind and might be first in the world to succeed

Japan: Innovation and Technology (1 day old)

Japan’s scientists are upgrading its Super-Kamiokande neutrino detector, turning to plastic for electric cars and enhancing eel farming with ‘marine snow’. The country has big ambitions in space and hopes to create 20 unicorns by 2023

© 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

Liam Fox says Trump 'very keen' on trade deal (2 hours old)

Will the decades of military collaboration between the US and UK matter in trade talks?

Saudi summit begins despite calls for a boycott (3 hours old)

Around 40 attendees are understood to have pulled out of the high profile conference in Riyadh.

Budget 2018: How does the government collect and spend our money? (3 hours old)

A breakdown of where the government's money comes from and where it goes.

New Premier Inn chain shrinks rooms in half (11 hours old)

Whitbread aims new ZIP chain at travellers on very tight budgets who are willing to sacrifice space.

Grayling to decide on Govia Thameslink penalty 'in weeks' (7 hours old)

Transport Secretary Chris Grayling was grilled by MPs about a timetable overhaul that caused chaos.

Northern Rock: US firm 'misled' UK government on mortgages (15 hours old)

BBC's Panorama says a US private equity firm failed to provide better mortgage deals for customers.

Morrisons loses data leak challenge (12 hours old)

The Court of Appeal says the supermarket is liable for a data breach in which staff data was posted online.

Philip Morris accused of hypocrisy over anti-smoking ad (17 hours old)

Philip Morris says its campaign is "an important next step" in its aim to stop selling cigarettes.

Ryanair profits hit by strikes and higher fuel costs (18 hours old)

Higher fuel costs also contributed to a 7% decline in half-year profits.

Dr Martens' profits march forward (17 hours old)

The British footwear firm, which sells in 58 countries, sees sales and earnings rise.

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UK equities

The London Report: Looming tax hike hits bookies (8 hours old)

Ahead of UK Budget there is speculation the levy will rise to 25% of gross win revenue

Stocks to watch: B&M, Philips, Tullow, Man Group, William Hill, NMC (12 hours old)

Rightmove looks oversold as estate agent volumes hold steady, says UBS

Banks & miners boost UK dividends to record levels (16 hours old)

But retailers pulled back sharply on payouts amid high street gloom

Wall Street’s early rally fades as techs retreat (3 days old [19/10/18])

Italian assets stage dramatic turnround; euro pushes higher

Stocks to watch: P&G, Tesla, Reckitt, Bougues, EasyJet (3 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 (3 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 (4 days old [18/10/18])

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

Stocks to watch: Domino’s Pizza, HeidelbergCement, Mediclinic (4 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 (5 days old [17/10/18])

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

Pearson: slow learner (5 days old [17/10/18])

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

© 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

Patisserie Valerie share options — so good they sold them twice? (8 hours old)

Chief and CFO had second helpings of shares despite no explanation from chain

Lendy/P2P: peerful (8 hours old)

Regulators should look at risk-management methods of peer-to-peer platforms

FCA/KKR: light at the end of tunnel (8 hours old)

PE group must hope consolidation will help soften blow of weakened car industry

Britain must strive for a cooler political climate (9 hours old)

Derogatory anonymous briefings are poisoning public discourse

UBS: wealth of nations (9 hours old)

Banking the rich is a growth industry

NMC: healthy returns (10 hours old)

The private hospital chain has benefited from the Middle East

Saudi Arabia/oil: deserted (10 hours old)

US has put more barrels on to the market in past few years

A spikier world for tech start-ups beckons (12 hours old)

The venture-capital game is evolving with deals declining even as their value rises

India’s #MeToo moment looks like a turning point (14 hours old)

An online outpouring suggests the burden of shame is finally being shifted from women

Lay down cyber warfare rules before it is too late (15 hours old)

Computerised assaults are easy to unleash but hard to trace, and befuddle the enemy

© 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