Tuesday newspaper round-up: Drax, banking hubs, TalkTalk, JPMorgan

(Sharecast News) - Dressed in overalls with "leave it in the ground" scrawled on their backs, climate protesters shovelled coal over the side of a goods train bound for the Drax power station in 2008. It is now 14 years on from the train "hijack" and government officials are considering their own raid on the North Yorkshire power station - this time on the company's finances. - Guardian More shared "banking hubs" are to be rolled out across the UK to help communities hit by branch and ATM closures to get continued access to cash. A banking hub is a shared service that operates in a similar way to a standard branch, with a counter service run by Post Office staff where customers of almost any bank can withdraw and deposit cash, make bill payments and carry out regular transactions. - Guardian

The budget broadband provider TalkTalk has been warned by its auditor that presenting its accounts on a going concern basis is increasingly risky as it comes under pressure from its £1.1bn debt pile. In the company's annual report, which has not been published on its website or filed with Companies House but has been made available on request to bond investors and seen by The Telegraph, auditors from Deloitte highlight a series of unusual accounting practices. - Telegraph

JP Morgan has drawn up plans to shift work from offices in Germany into the City of London as finance companies brace for potential blackouts in the EU's biggest economy. The Wall Street bank is preparing a raft of emergency measures so that it can continue trading if there are power outages this winter following Vladimir Putin's decision to cut off gas supplies from Russia. - Telegraph

The bank criticised by a former minister for its allegedly poor due diligence work on pandemic loan schemes suffered a rate of suspected fraud that was two and a half times the sector's average, new figures suggest. Starling, the digital bank led by Anne Boden, identified 5.8 per cent of loans it had provided under the bounce back loan scheme as suspected fraud. This was higher than the average across lenders of 2.3 per cent. - The Times