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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Monday newspaper round-up: Pensions, remote roles, business optimism

(Sharecast News) - Employers are offering signing-on fees of up to £10,000 to tempt "gold dust" applicants as more than 1.1m jobs in the UK remain unfilled, with the pingdemic worsening a shortage of workers caused by Brexit and a lack of skills. Care home operator HC One is offering a £10,000 "welcome bonus" on two jobs for registered night nurses, both in Scotland, as private health care providers battle with a shortage of workers partly caused by EU citizens returning home. - Guardian Hollywood's Sunset Studios, which produced La La Land, Zoolander and the first in the X-Men franchise, has become the latest US movie production house to adopt the leafy Hertfordshire countryside as its main base outside the US. Backed by £700m from two major US investment firms, the TV and film studio complex will create more than 4,500 jobson a 37-hectare (91-acre) greenfield site in Broxbourne, close to the arc of rival studio complexes north-west of London known as Britain's Hollywood. - Guardian

Rishi Sunak is considering a temporary suspension of the Conservatives' "triple lock" election manifesto commitment on state pensions that would save billions by linking this year's rise to inflation instead. The lock commits the Chancellor to lift payouts to match the highest out of average earnings, inflation or 2.5pc. However, the impact of the furlough scheme last year is likely to leave wages more than 8pc higher than last year, adding more than £7bn to the state pensions every year if fulfilled. - Telegraph

A third of new jobs in industries including marketing, software and IT are offering remote working, as bosses bow to staff demands for more flexible terms. A number of traditionally office-bound sectors have seen an increase of 20pc in remote vacancies after Covid sparked a homeworking revolution. - Telegraph

Businesses are stepping up recruitment plans and increasing wages as the recovery gathers strength but optimism in the private sector has peaked, according to a corporate survey by Lloyds Banking Group. Its monthly business barometer found that hiring intentions climbed for a sixth consecutive month to the highest level since November 2018. More than a quarter of respondents, 27 per cent, expect pay growth of 2 per cent, up from 24 per cent last month and back in line with pre-pandemic readings. - The Times

The government is considering removing restrictions on bankers' bonuses as part of its plan to ditch EU rules and to make the City more competitive. The idea is at an early stage and not yet part of any public consultations, as officials fear scrapping the bonus cap could trigger a public backlash. But the move has support among some within the Treasury as a way to make London more attractive for senior bankers than Frankfurt, Paris or Dublin, boosting the capital's prospects for retaining its key role in financial services. - 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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