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Friday newspaper round-up: Butchers, contactless limit, energy providers

(Sharecast News) - The government has stepped in to counter a spiralling crisis on pig farms by allowing butchers to enter the UK on temporary visas, in the latest reversal of post-Brexit immigration policy. Butchers in abattoirs and meat processing plants dealing with pigs will be allowed to come to work in Britain for six months, the environment secretary, George Eustice, announced on Thursday evening. He said 800 butchers were needed to meet staffing shortages and get the situation under control. - Guardian People in the UK using contactless cards will be able spend up to £100 a time from Friday after the limit on payments was more than doubled. At the start of the pandemic the cap was increased to £45 to reduce the need for customers to handle cards and cash because of concerns about the virus being transmitted via surfaces. - Guardian

Energy providers have been accused of increasing households' monthly direct debit payments in a breach of industry rules as they battle to survive surging power costs. Citizens Advice is calling for action by Ofgem, the energy watchdog, after being contacted by a string of consumers hit with an unexpectedly high payment increase over the past few weeks. One household's bills almost doubled to £117 a month, it said. - Telegraph

Britain's biggest haulage lobbying group has been frozen out of meetings with ministers following claims it is biased against Brexit and deliberately sparked last month's fuel crisis. As businesses battle a national shortage of lorry drivers, relations between the Road Haulage Association (RHA) and the Government have entered a "deep freeze", sources said. - Telegraph

GlaxoSmithKline is embroiled in a row with an activist investor after it called for the replacement of the drugs group's chairman and chief executive. Sir Jonathan Symonds, GSK's chairman, replied to Bluebell's partners on Wednesday, two days after Bluebell sent its critical letter, saying that it was "disappointed" with the investor's account of a shareholder meeting hosted by the Investor Forum on Thursday last week to discuss the separation of GSK's consumer healthcare division. - The Times

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Thursday newspaper round-up: JCB, M&S, smart meters
(Sharecast News) - The British digger maker JCB, owned by the billionaire Bamford family, continued to build and supply equipment for the Russian market months after saying it had stopped exports because of Vladimir Putin's invasion of Ukraine, the Guardian can reveal. Russian customs records show that JCB, whose owners are major donors to the Conservative party, continued to make new products available for Russian dealers well after 2 March 2022, when the company publicly stated that it had "voluntarily paused exports" to Russia. - Guardian
Wednesday newspaper round-up: Brexit border outages, Boeing, Stellantis
(Sharecast News) - Lorries carrying perishable food and plants from the EU are being held for up to 20 hours at the UK's busiest Brexit border post as failures with the government's IT systems delay imports entering Britain. Businesses have described the government's new border control checks as a "disaster" after IT outages led to lorries carrying meat, cheese and cut flowers being held for long periods, reducing the shelf life of their goods and prompting retailers to reject some orders. - Guardian
Tuesday newspaper round-up: Tesco, OpenAI, housebuilding
(Sharecast News) - Tesco is facing criticism from "shocked" charities who say they are struggling to distribute unwanted food to homeless and hungry people after they claim the retailer brought in rules that mean unwanted food can only be collected in the evening. The supermarket group has switched to a new system which asks charities to pick up unwanted food, such as items reaching their best before date, only in the evening when a store is closing rather than the following morning, the charities have claimed. - Guardian
Monday newspaper round-up: BT, ultra-long mortgages, Fever-Tree
(Sharecast News) - BT has said it is increasingly using artificial intelligence to help it detect and neutralise threats from hackers targeting business customers amid repeated attacks on companies. The £10.5bn group is aiming to build up its business protecting customers from online criminals and has patented technology that uses AI to analyse attack data to allow companies to protect their tech infrastructure. British businesses are routinely facing hacking attempts, and some recent high-profile victims have included including the outsourcer Capita, Royal Mail and British Airways. - Guardian

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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