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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.

Friday newspaper round-up: Car insurance, Vodafone, The Telegraph

(Sharecast News) - Car owners who pay for their insurance monthly rather than with a one-off lump sum are being charged interest of more than 30%, research has found, in what has been described by campaigners as a "poverty premium". Insurers give customers the choice of paying one annual premium or breaking it up and paying over the course of the year. - Guardian Britain's beleaguered stock market has left City bosses increasingly nervous about the threat of foreign takeovers, according to new research. The majority of FTSE 350 board members surveyed by investment broker Deutsche Numis said their companies are at a greater risk of being acquired by buyers overseas in 2024. - Telegraph

The United Arab Emirates' stake in the telecoms operator Vodafone is a threat to Britain's national security, ministers have found. Deputy Prime Minister Oliver Dowden intervened to demand protection from the Gulf state after it became Vodafone's biggest shareholder with a 14.6pc shareholding worth £2.7bn. Mr Dowden said Vodafone, which holds sensitive Whitehall contracts and owns critical infrastructure including undersea cables, was at risk of "material influence" by the UAE. - Telegraph

The chairman of The Spectator called on the government to block the Abu Dhabi-backed bid for the Telegraph newspaper group last night on the grounds that no foreign state should own major UK media assets. Speaking on Newsnight, Andrew Neil said: "You cannot have a major mainstream newspaper group owned by an undemocratic government or dictatorship where no one has a vote." - The Times

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Thursday newspaper round-up: Sony Music, Royal Mail, house prices
(Sharecast News) - A leading City lobby group is calling on the next government to bring in scams legislation that forces big tech and social media companies to cough up to £40m a year to reimburse customers and fight fraud on their platforms. The demand came in a 'financial services manifesto' released by UK Finance, which represents banks, payments companies and other financial firms. UK Finance and its 300 membershave long complained about having to shoulder the costs of fraud against their customers, despite a surge in the number of scammers targeting consumers through platforms such as Facebook and Google. - Guardian
Wednesday newspaper round-up: Ryan Salame, Ocado, Shell
(Sharecast News) - The next government should force all tradespeople who install home heat pumps, solar panels and insulation to sign up to a mandatory accreditation scheme to counter mistrust in the industry, a leading consumer group is demanding. A report from Which? found that households face "significant anxiety" in choosing tradespeople to fit low-carbon heating systems, such as heat pumps, and insulation after "press stories about poor work and rogue traders". - Guardian
Tuesday newspaper round-up: Ofwat, Facebook, Deutsche Bank
(Sharecast News) - Ofwat is poised to refuse most water companies' requests to ratchet up consumer bills, with some getting as little as half of what they have asked for, the Guardian has learned. The decision from the water watchdog for England and Wales, Ofwat, has been formally delayed until 11 July because of the general election. Its verdict, known as a draft determination, comes amid a growing crisis in the water sector. - Guardian
Sunday newspaper round-up: Natwest, Shein, Nationwide
(Sharecast News) - NatWest may not be selling shares to the public any time soon following the prime minister's decision to call an election on 4 July. The Treasury has said that an offer will not occur during the election period and Labour has not confirmed whether it would revive plans for the sale should it win. The sale had been expected to take place in June. - The Sunday Times

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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