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Business news

39 minutes ago
Gavin Patterson,  BT chief executive.

BT has unveiled a £6billion programme to upgrade its network in a move to extend ultrafast broadband to at least 10million homes and businesses, and lay fibre optic lines to around two million premises across the UK.

Shell has seen profits plummet.

Shell’s first-quarter profits plummeted 58% to 1.6 billion US dollars (£1.1 billion) as the falling oil price continues to hammer the sector.

Thomson's first flight from Stansted Airport to Cancun, using the Dreamliner, was today. Picture: Tony Pick Photography

The first Dreamliner plane jetted off from Stansted Airport yesterday as part of a new route to Mexico.

The Iron Throne featured in the Game of Thrones series, which is coming to Ipswich this month

Pretenders to the Iron Throne will have the opportunity to stake their claim as ruler of Westeros this month as the iconic seat used in the hit TV show Game of Thrones will be coming exclusively to Ipswich.

Sainsburys posted a 13.8% fall in underlying annual profits.

Sainsbury’s posted a 13.8% fall in underlying annual profits as it remained under pressure amid a supermarket price war and said there was little sign of an end to tough conditions.

Three ads for BT have been banned for making misleading claims about the quality of its Infinity broadband in comparison with Virgin Media and Sky.

Three ads for BT have been banned for making misleading claims about the quality of its Infinity broadband in comparison with Virgin Media and Sky.

File photo dated 16/12/12 of the website of payday loan company Wonga. Controversial payday lender Wonga is expected to report a sharp fall in profits when it publishes its full-year results today. PRESS ASSOCIATION Photo. Issue date: Tuesday September 30, 2014. The firm, which has been attacked by MPs for charging interest rates of over 5,000%, is forecast to post annual profits of about £50 million for 2013 compared with £84.5 million the previous year, according to Sky News. The slump in profit is reported to have come from difficulties at its overseas and small business operations. See PA story CITY Wonga. Photo credit should read: Dominic Lipinski/PA Wire

Losses at Britain’s biggest payday lender Wonga have more than doubled to £80.2 million over the last year, as stricter industry regulations took their toll.

There is potential for fiery scenes at Royal Bank of Scotlands annual meeting.

There is potential for fiery scenes at Royal Bank of Scotland’s annual meeting as losses at the taxpayer-owned bank show little sign of easing.

Next has warned that full-year profits could take a hit.

Retailer Next has warned that full-year profits could take a hit after sales for the first quarter fell 0.9%.

Cap David Marsden, Daisy Ip and Louisa Chung from the Hong Kong Trade Development Council, with Deputy Mayor of St Edmundsbury Cllr Patrick Chung, Leader of St Edmundsbury Cllr John Griffiths, St Edmundsbury Cabinet Member for Economic Growth Cllr Alaric Pugh, Nikkos Savvas, principal of West Suffolk College.

The “encouraging” interest shown by west Suffolk companies for business opportunities in Hong Kong has sparked a second seminar in Bury St Edmunds next Thursday.

A survey indicates falling manufacturing output.

Britain’s manufacturing sector saw activity contract for the first time in more than three years in the latest sign that the EU referendum is hurting the UK economy, according to a survey.

A new report suggests that firms are running out of options to hire staff amid a continued shortage of skilled workers.

The jobs market is heading for “turbulence”, fuelled by uncertainty over the EU referendum and the impact of the national living wage, according to a new report.

A view of the TATA Steel Plant in Scunthorpe.

Liberty House has confirmed it will put in a formal bid to buy Tata Steel’s UK assets.

Mulberry Tree owner Des Scicluna who has been having problems with N Power for the last four years.

A frustrated pub landlord has taken action after an energy supplier pursued him for unpaid bills for more than four years – despite the firm never having supplied gas or electricity to the establishment.

Probes by HM Revenue and Customs (HMRC) into tax avoidance schemes raked in an additional £494 million in income tax for Treasury coffers last year, figures from law firm Pinsent Masons show.

Probes by HM Revenue and Customs (HMRC) into tax avoidance schemes raked in an additional £494 million in income tax for Treasury coffers last year, figures from law firm Pinsent Masons show.

Food & farming news

Friday, April 29, 2016
USAF fighter planes from RAF Lakenheath taken from a C130 Hercules

Almost £250,000 has been paid out in compensation for damage, injuries and loss of livestock caused by low flying military aircraft in East Anglia over the past five years, figures show.

Friday, April 29, 2016
UK farmers have seen their profits squeezed by a number of factors.

The total income from UK farming fell by a “staggering” 29% in 2015, with a loss of more than £1.5billion, according to figures released by the Department for the Environment, Food and Rural Affairs (DEFRA) yesterday.

United Kingdom
Friday, April 29, 2016
Lord Deben speaking at a farm Brexit  debate hosted by Farm Community Network at Debenham Community Centre.

No British government would give farming the backing it enjoys under the European Union (EU), Suffolk farmers were warned this month.

European Union

Movers and Shakers

Tue, 06:00
Brad McLean, the new general manager of Thorpeness Golf Club and Hotel.

Suffolk-based hotel group TA Hotel Collection has appointed Brad McLean as general manager overseeing its golf, hotel and private members club at Thorpeness.

Tuesday, April 26, 2016
Andrew Burwood, Larking Gowen.

Larking Gowen senior manager Andrew Burwood has been appointed as a partner specialising in GP practices at the East Anglian accountancy firm.

Tuesday, April 19, 2016
Sharon Allison, Claire Sleep and Genie Barham of Ashtons Legal.

Regional law firm Ashtons Legal has appointed Sharon Allison, Genie Barham and Claire Sleep as partners, bringing its total number of partners across East Anglia to 35.

Business features

Tue, 06:00
Some of the first, second and third year apprentices at Ransomes Jacobsen in Ipswich.

Three years ago, turf care equipment manufacturer Ransomes Jacobsen launched a new apprenticeship programme to address a looming skills shortage. As operations director Simon Rainger tells Duncan Brodie, the move has proved to be a good investment.

Sunday, May 1, 2016
Sainsbury's chief executive Mike Coupe.
Photo: Sainsbury's/PA Wire

The City will this week look for details of how Sainsbury’s plans to overhaul Argos when the supermarket posts its annual results next week, while trading at rival Morrisons and banking giant HSBC will also be in the spotlight.

Tuesday, April 26, 2016
Canon Sally Fogden, aged 76, was the driving force behind the Addington Fund, a farming charity which is about to celebrate its 15th anniversary as a national organisation.

Farming charity the Addington Fund, which has its roots in Suffolk, celebrated the 15th anniversary of its national roll-out at a service at Bury St Edmunds cathedral on Sunday.

Expert advice

Tue, 06:00
Richard Langrick, franchise consultant at Ashtons Legal.

Franchising is a sector on the up. A recent British Franchising Association/Natwest survey found that the contribution of franchising to the UK economy has grown by 46% over the last 10 years to £15.1billion, with more than 600,000 people now employed in franchising.

Tuesday, April 26, 2016
Lloyd Clarke of Attwells Solicitors.

Former Newcastle United FC footballer Jonas Gutierrez has won a disability discrimination case against the club.

Thursday, April 21, 2016
Andrew Nicholson of Barker Gotelee.

After a record-breaking year in 2015, which saw commercial property investment in the UK reach a figure just shy of £65billion (a 4% increase on 2014), George Osborne indicated that he would be imposing a Stamp Duty Land Tax (SDLT) increase on the commercial property sector.

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