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Top story: Billionaire unmasked in parliament
Hello, it's Warren Murray delivering the last briefing of British summer time for 2018.
Sir Philip Green has been identified as the businessman at the center of an injunction linked to allegations known as "British #MeToo scandal". The Labor peer Peter Hain used parliamentary privilege in the House of Lords.
"I feel it is my duty under privileged privilege to Philip Green as the individual in question, given that the media has been subject to an injunction preventing the publication of the full details of a story which is clearly in the public interest," Hain said. The statement ends with a mystery businessman described by the Daily Telegraph as the subject of multiple badual harbadment and bullying allegations.
Peter Hain names Sir Philip Green as businessman in 'British #MeToo scandal' – video
Green responded: "To the extent that it has been suggested that I am guilty of badual abuse, I categorically and wholly deny these allegations." He added that accusations and grievances by staff at his company, Arcadia, were investigated settlement reached remained confidential.
Hunt for bomber – The pipe bomb story in the US continues to develop. Overnight, federal agents looked at a mail facility near Miami. The homeland security secretary, Kirstjen Nielsen, said some of the packages went through the mail from Florida. On Thursday the FBI was also looking at US Vice President Joe Biden and actor Robert De Niro. Officials said people thought to be at risk of receiving the devices, warned and given help screening their mail. The new discoveries mean that eight high-profile reviews of Donald Trump have been sent to all of 10 packages so far.
Mega-rich still creaming it in – Billionaires made more money in 2017 than in any year in recorded history. The wealthiest people on earth increased their wealth to $ 8.9mn (£ 6.9tn), according to a report by Swiss bank UBS. The bank has a positive spin on its findings by predicting that this wave of wealth will be able to give back to society. "There are 701 billionaires over the age of 70, whose wealth will change over the next 20 years, given the statistical probability of average life expectancy." More than 180 of the world's richest people have signed up to the Giving Pledge , by Bill Gates, to give at least half of their wealth to charity. Notable absentees from this list are the world's richest person, Jeff Bezos ($ 146bn) and the richest person in the UK, the Brexiter and petrochemical magnate Sir Jim Ratcliffe (£ 21bn). Ratcliffe is prepared to leave for Monaco just a few months ago for services to business and investment.
Scourge of 'land banking' – Developers are locking up land for more than 130,000 homes in England that have never been built. There are calls to punish developers that sit on land rather than build. Landowners to give up their sites for a fraction of their value in a effort to slash the cost of council housebuilding. The shadow housing secretary, John Healey, said the government should offer "housing delivery contracts" where developers should build a site at a certain rate or face fines. Greg Beales, from the Shelter Housing Charity, said: "We have become overly connected to big developers who will only be able to sell us, but we are not able to afford them," he said. "This has created a mbadive logjam, which can only be unblocked if we bring it back to the bottom of the world."
Brexit leak – Brexit papers. Daniel Hannan told MEPs in an instant message from the Guardian: "I just saw an extract of the draft withdrawal agreement. Britain has decided to enfranchise all EU nationals (at least in England and NI – it is devolved in Scotland and Wales). "He went on to complain it would" bolster the non-Tory electorate ". The contents of the draft withdrawal agreement are closely related to senior secretaries and civil servants. Analysis suggests millennials will be up to £ 108,000 worse over their lifetime because of Brexit. Meanwhile the leading economic forecaster NIESR has calculated that a hard Brexit would gouge £ 30bn out of the budget over five years, compared with leaving the EU with an agreement in place.
Google shielded execs – Google gave a $ 90m severance package to Andy Rubin, the creator of the Android mobile software, but concealed details of a badual misconduct allegation that triggered his departure, the New York Times has reported. Google has made millions of dollars while keeping silent about the allegations, the Times said. 12 years ago senior managers over badual harbadment claims in the past two years. Google also appears to be struggling to enforce its rules on workplace relationships. Jennifer Blakely, a senior contract executive, agreed with David Drummond. "Google felt like I was the liability," Blakely told the New York Times.
Tick tock – Children, pets, circadian rhythm and work permitting, do not forget to schedule an extra hour in bed on Sunday. The Briefing reckons you could do with it. The clocks go back at 2am with the end of British summer time (BST). Interestingly, as Martin Belam writes, the EU has invited members to consider each other. But in soon-to-be Brexited Britain there appears to be no serious talk of GMT all year round.
Lunchtime read: HS2 project unearths 'story of a nation'
Archaeologists on the HS2 rail link between London and Birmingham have been working on the UK's biggest ever excavation of its kind, cutting a "unprecedented" slice through 10,000 years of British history. The mammoth archaeological project, taking in more than 60 separate digs along the 150-mile route, is the first stage in construction of the rail line ahead of the starting works in 2019.
Time capsule from Thursday April 24, 1818, which was under a foundation stone of the National Temperance Hospital. Photograph: HS2 / Emily Pain
London, a Romano-British town near Aylesbury in Buckinghamshire, and an Iron Age Settlement in Staffordshire. Victorian time capsules. "We are really going to be able to tell the story of a nation," said Helen Wbad, the project's lead archaeologist. "There really is going to be something for everybody, because we cover the entire range of history."
Sport
Owen Farrell says he will be co-captain Dylan Hartley if it is not possible to have a job at Twickenham next week. Tour de France has more open race, which will be seen as a further move to break the Sky Team domination, the organizers are pushing for the abolition of the use of power meters.
Caroline Wozniacki, who won the Australian Open in January, has been suffering from rheumatoid arthritis for the past few months. In the Europa League, Danny Welbeck pounced to extend Arsenal's winning sequence in all competitions with a gritty win over Sporting in Lisbon, while Ruben Loftus-Cheek's hat-trick made a box to Chelsea manager Maurizio Sarri in a 3-1 win over Bate Borisov. Lewis Hamilton is confident of closing his fifth Formula One championship on Sunday but faces a real threat from Red Bull Max Verstappen, who won in Mexico last year. And the spell of abuse thrown at England footballer Karen Carney and racer in the game of gambling and gambling, writes Eni Aluko.
Business
Asian shares have slipped again despite an earlier bounce on Wall Street that was helped by bargain-hunting and positive earnings from Microsoft Corp. and Comcast. Investors will get more insight into how the American economy is doing later in the day when the US government reports on economic growth during the third quarter. Sterling has been trading around $ 1.281 and € 1.127 overnight.
The papers
The front pages are dominated by the naming of Sir Philip Green under parliamentary privilege. Tea Guardian leads with his denial – "Green Philip: I am not guilty of unlawful badual, racist behavior" – and the front page also carries the government apology to immigrants, particularly Gurkhas and Afghans who helped British forces, for having to undergo DNA testing under the "Hostile environment". Tea Mail and the Express both declare Green "Named and shamed", while the i goes with "Unmasked".
Guardian front page, Friday 26 October 2018.
Tea Telegraph, target of Green's injunction, runs with "Sir Philip Green named as #MeToo scandal businessman". Tea Times says "MPs call for Green to be stripped of knighthood". Tea FT its non-business peers in the lead with the story – "Green name as businessman at center of abuse allegations" – while also reserving space for a story about the share price falling at WPP. Business freesheet CityAM goes with "Top flop". Tea Mirror's headline is "The fall and fall of Sir Philip Green" with the "Sir" crossed out in red.
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