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Morning Wrap: today's top business stories

News stories from around the web.

Telecommunications industry lobbies to relax privacy rules (FT)

The biggest US cable and telecommunications companies, including Comcast and Verizon, are pushing for a relaxation of privacy rules in Washington that could allow the companies to sell information about their customers’ telephone use and other services.

Jobs disappoints on US box office debut (FT)

Jobs, the biopic telling the early business life story of Apple founder Steve Jobs, made a disappointing debut at the US box office after getting some stinging reviews, including from the company’s co-founder Steve Wozniak.

Royal Mail staff discontent with bosses (Telegraph)

The low morale of the Royal Mail workforce has been laid bare by an internal report which reveals just 28pc of the staff have confidence in the decisions of the senior management team led by chief exec Moya Greene.

Guildford is 'luxury shopping capital of the UK' (Telegraph)

Guildford is the luxury shopping capital of the UK, according to new research by Experian.

Families struggle as cost of child raising reaches £148,000 (BBC)

Families are struggling as the cost of bringing up a child has risen to £148,000, according to research for the Child Poverty Action Group (CPAG).