Summary

  • Updates on Monday, 18 July 2016

  • News, sport, travel and weather updates resume at 08:00 on Friday

  1. Our coverage through the daypublished at 18:01 British Summer Time 18 July 2016

    That's all for our coverage today which has focused on the the proposed takeover of one of the UK's biggest tech companies, Cambridge based ARM Holdings.

    We'll be back tomorrow at 08:00 for more live updates for Cambridgeshire.

    Until then feel free to contact us with your pictures, stories or comments today. Get in touch via emailFacebook, external or Twitter, external

  2. ARM Holdings sold 15 billion microchips in 2015published at 17:52 British Summer Time 18 July 2016

    Mark Williamson
    BBC Local Live

    ARM Holdings sold 15 billion microchips in 2015, according to co-founder Hermann Hauser.

    ARM graphic

    ARM's chip designs are at the heart of the vast majority of phones and tablets as well as an array of new smart devices. 

    Mr Hauser said the result of the £24bn takeover deal by Softbank meant the "determination of what comes next for technology will not be decided in Britain any more but in Japan".  

  3. Swanning about on the road near Whittleseypublished at 17:48 British Summer Time 18 July 2016

    Helen Burchell
    BBC News

    And finally... police were kept busy by this family swanning about on the B1040 at Whittlesey earlier today.  

    Officers moved the two adults and five cygnets safely off the road before there was an accident, although it seems the male got a bit of a "cob on". 

    "Daddy swan wasn't happy that we moved him and his family on," @FenCops, external tweeted.

    SwansImage source, FenCops
  4. New station canopies and signalling work to cause rail disruptionpublished at 17:39 British Summer Time 18 July 2016

    Caroline Kingdon
    BBC Local Live

    Rail passengers face disruption to their journeys this autumn and winter while upgrade work is carried out.

    It includes the installation of station canopies and signalling works for the new Cambridge North station, due to open in May 2017.  

    Site of new station

    Plans for this work, which will affect services between Norwich and Cambridge on 9, 15, 16 and 23 October, are still being finalised.

    James Burles, managing director of Abellio Greater Anglia, advised customers to check their itinerary before travelling. 

  5. Pride and sadness over sale of ARM Holdingspublished at 17:27 British Summer Time 18 July 2016

    Mousumi Bakshi
    BBC Radio Cambridgeshire

    The founding director of the Cambridge Centre for Science and Policy, external has given his response to the proposed sale of ARM Holdings to Japan's Softbank for £24bn.

    David Cleevely told BBC Radio Cambridgeshire he feels a "mixture of pride in Cambridge and sadness at the sale of another home grown company". 

    "The UK and Cambridge can and has built global companies. We need the infrastructure investment to build more if we are to make a success of the UK in the new post-Brexit world," he said.

  6. Weather: Unbroken strong sunshine tomorrowpublished at 17:21 British Summer Time 18 July 2016

    Dan Holley
    BBC Look East weather

    It will be staying dry tonight with largely clear skies and light winds, with temperatures only slowly falling away to 13C (55F).

    Tuesday will be another dry day with almost unbroken strong sunshine. Feeling hot and humid, with temperatures potentially as high 33C (91F).

    More details on the BBC Weather website.

    Weather
  7. FTSE rises after ARM dealpublished at 17:11 British Summer Time 18 July 2016

    BBC Business News

    Shares in Cambridge-based microchip designer ARM Holdings are still flying since it announced a £24bn takeover by Japanese tech firm Softbank this morning.

    FTSE 100-listed ARM is 42% higher and that's feeding through into gains for London's blue-chip index. The FTSE 100 is up 0.5% at 6,702 points.

    Meanwhile, the pound is up against the dollar at $1.3262, and higher against the euro at €1.1980.

  8. Timeline of Rikki Neave murder inquirypublished at 17:08 British Summer Time 18 July 2016

    Rikki Neave was last seen leaving for school on the morning of 28 November 1994.

    His body was found the next day in a wooded area about five minutes' walk from his home on the Welland Estate in Peterborough.

    Post-mortem tests found he had died as a result of compression to the neck.

    Rikki Neave murder scene

    His mother, Ruth Neave, was cleared of his murder at a trial in 1996. She later admitted child neglect and cruelty and was jailed for seven years.

    Despite extensive investigations at the time, no-one was ever convicted of Rikki's murder.

    Mrs Neave repeatedly called for the murder case to be reopened since her acquittal. It was finally reopened in June last year, leading to the arrest of a man in his 30s on 19 April on suspicion of murder.

  9. Police trying to get Rikki Neave murder suspect back to the UKpublished at 16:34 British Summer Time 18 July 2016

    A man suspected of murdering six-year-old Rikki Neave (pictured) more than 20 years ago has left the country while on bail.

    Rikki Neave's naked body was found in woodland near his Welland Estate home in Peterborough in November 1994. He had been strangled.

    Rikki NeaveImage source, Cambridgeshire Police

    The investigation was reopened in June last year and a fresh appeal launched.

    A 35-year-old man from Peterborough was arrested on 19 April and was due to answer bail in September. Police said they were trying to get him back to the UK.

    "We have reason to believe that the man who was arrested in connection with the historic murder of six-year-old Rikki Neave left the country while on police bail," a police spokesman said.

    "We have been in communication with him and are working with him and partner agencies in order for him to return to the UK promptly.

    "He remains on police bail to return to a Cambridgeshire police station on September 20."

  10. Man suspected of murdering Rikki Neave 'left the country'published at 16:13 British Summer Time 18 July 2016
    Breaking

    A man suspected of murdering Peterborough schoolboy Rikki Neave more than 20 years ago has left the country while on bail, police say.

    More to follow.

  11. In the papers: Travellers leave school grounds... Warning to drivers over festivalpublished at 15:29 British Summer Time 18 July 2016

    Mark Williamson
    BBC Local Live

    We'll return to our big story of the day - the £24bn takeover bid for Cambridge's ARM Holdings - a bit later.

    But before we take a look at what else is making the news, here's what's in the local papers today:

    • Travellers move on from Bottisham Village College after being handed police notice, reports the Cambridge News, external
    • The Peterborough Telegraph, external reports the city's BHS store will become one of the first to be closed by administrators this week
    • And the Hunts Post, external says police are advising drivers to leave extra time for journeys this week as more than 30,000 people attend the Secret Garden Party music festival
  12. 'Sad day for technology in Britain' says ARM co-founder Hermann Hauserpublished at 15:21 British Summer Time 18 July 2016

    Mark Williamson
    BBC Local Live

    Meanwhile, ARM co-founder Hermann Hauser believes the proposed £24bn deal to sell the Cambridge-based tech company is a "sad day for technology in Britain".

    The computing entrepreneur, who helped found Cambridge's world leading tech-scene, told the BBC: "ARM was the last British company with a global reach." 

  13. Watch: Softbank investing in ARM for 'long term success'published at 14:18 British Summer Time 18 July 2016

    Mark Williamson
    BBC Local Live

    Softbank chief executive Masayoshi Son says it will be investing in ARM Holdings for "long term success", following its £24bn takeover bid for the Cambridge tech firm.

  14. ARM deal an 'exciting proposition for the future'published at 13:53 British Summer Time 18 July 2016

    Mousumi Bakshi
    BBC Radio Cambridgeshire

    ARM Holding's chief executive has described the proposed £24bn deal with Japan's Softbank as "an exiting proposition for the future".

    Simon Segars has also offered assurances about the tech firm's continued presence in Cambridge. 

    "We're going to increase our headcount globally and specifically in the UK, where our headquarters will remain, we're going to double our headcount over the next five years," he said.     

    Simon SegarsImage source, Arm Holdings

    Mr Segars, who has been with ARM since it was founded in Cambridge in the 1990s, says he has been "blown away" by what the company has achieved and that it has "an exciting future" ahead of it.

    Watch Simon Segars talk about the proposed takeover deal with Softbank, external

  15. ARM Holdings 'precious jewel in the crown of British technology'published at 13:33 British Summer Time 18 July 2016

    Simon Jack
    BBC Business Editor

    ARM Holdings is arguably the most the most precious jewel in the crown of British technology, its microchip designs are used in billions of devices. Sources close to the deal say the Japanese company considers ARM well-placed to exploit the so-called "internet of things", which may see microchips embedded in whole new categories of household and business devices.

    The board of ARM are recommending shareholders accept the £24bn offer, which values the company at a premium to its market value of £16.8bn on Friday.

    Prime Minister Theresa May recently questioned whether foreign takeovers of UK firms are always in the national interest. However, Softbank has committed to doubling the size of ARM's UK-based workforce over the next five years and new chancellor, Philip Hammond, welcomed the deal.

    That allure has been boosted by the fall in the value of the pound since Brexit - making UK targets cheaper, and many industry watchers are predicting a new wave of foreign takeovers.

    ARM has until recently argued its future was better served as an independent company. However, Stuart Chambers, ARM chairman since March 2014, is no stranger to making it big in Japan. He was responsible for selling Pilkington, another blue chip UK company, to Nippon Sheet Glass in 2006.

  16. As close as we can get to ARM Holdings this morning...published at 13:07 British Summer Time 18 July 2016

    Mark Williamson
    BBC Local Live

    BBC technology correspondent Rory Cellan-Jones is at the Peterhouse Technology Park, off Fulbourn Road, where tech firm ARM Holdings has its headquarters.

    Cambridge is getting a lot of media attention today following the proposed £24m sale of the company that designs microchips used in most smartphones.

    This Twitter post cannot be displayed in your browser. Please enable Javascript or try a different browser.View original content on Twitter
    The BBC is not responsible for the content of external sites.
    Skip twitter post

    Allow Twitter content?

    This article contains content provided by Twitter. We ask for your permission before anything is loaded, as they may be using cookies and other technologies. You may want to read Twitter’s cookie policy, external and privacy policy, external before accepting. To view this content choose ‘accept and continue’.

    The BBC is not responsible for the content of external sites.
    End of twitter post
  17. Travel: A14 blocked near Newmarket following crashpublished at 12:49 British Summer Time 18 July 2016

    BBC Travel

    The A14 is blocked westbound near Six Mile Bottom following a crash involving a lorry and two other vehicles.

  18. Theresa May has 'spoken to Softbank about ARM deal'published at 12:13 British Summer Time 18 July 2016

    BBC Business News

    Downing Street says that Prime Minister Theresa May spoke by phone with Softbank boss Masayoshi Son yesterday.

    The PM's official spokeswoman told a regular Westminster briefing: "We welcome the announcement of investment this morning from Softbank... This is clearly a vote of confidence in Britain. It will be the biggest ever Asian investment in the UK.

    "The Prime Minister spoke to the chief executive of SoftBank yesterday and welcomed the investment and their commitment to keeping the company in Cambridge and doubling the number of jobs over five years.

    "This is good news for British workers, good news for the British economy. It shows - as the Prime Minister has been saying - that we can make a success of leaving the European Union." 

  19. Digital minister welcomes ARM dealpublished at 11:59 British Summer Time 18 July 2016

    Mousumi Bakshi
    BBC Radio Cambridgeshire

    Matt Hancock, the Minister of State for Digital and Culture in the new government, has welcomed the proposed £24bn ARM Holdings deal this morning...

    This Twitter post cannot be displayed in your browser. Please enable Javascript or try a different browser.View original content on Twitter
    The BBC is not responsible for the content of external sites.
    Skip twitter post

    Allow Twitter content?

    This article contains content provided by Twitter. We ask for your permission before anything is loaded, as they may be using cookies and other technologies. You may want to read Twitter’s cookie policy, external and privacy policy, external before accepting. To view this content choose ‘accept and continue’.

    The BBC is not responsible for the content of external sites.
    End of twitter post