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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.

Wednesday newspaper round-up: Twitter, Bulb Energy, Frasers

(Sharecast News) - Elon Musk has indicated that a verified account on Twitter in the future could cost $8 a month, despite facing a user backlash over proposals to charge for the feature. The new owner of Twitter described the current system for allocating blue check marks - which verify a user as a trustworthy source - as "bullshit" in a Twitter post to his more than 110 million followers on Tuesday. - Guardian The founder of Octopus Energy has said taxpayers need to benefit from the "upside" of emergency government bailout deals, after snapping up stricken former rival Bulb. Greg Jackson's Octopus bought Bulb out of government-handled special administration last weekend and is set to take control of the company later this month, a year after it collapsed. - Guardian

Britain's work from home boom has passed its peak, according to new data that reveals bosses are ditching remote job adverts and hauling employees back into the office. The jobs site LinkedIn said that remote adverts declined for a fifth straight month in September as power shifts back to employers, mirroring trends in Europe and the US. - Telegraph

Frasers is at the heart of a scrum for ownership of the Wasps rugby stadium in Coventry, as part of Mike Ashley's plan to make the city his new stronghold. Insiders said last night that Frasers is intensifying efforts to acquire the 32,609-seater Coventry Building Society Arena (CBS), which filed notice of its intention to appoint administrators two weeks ago. - Telegraph

A quarter of over-50s who suffered from ill health were forced to leave their jobs as a result, research shows. Twenty-four per cent of people whose work had been affected by a health condition went into early retirement and a further 19 per cent reduced their working hours, according to a nationally representative poll of 2,035 over-50s by YouGov. - The Times

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Friday newspaper round-up: Bank branches, mortgages, Northern Rock
(Sharecast News) - The number of UK bank branches that have shut their doors for good over the last nine years will pass 6,000 on Friday, and by the end of the year the pace of closures may leave 33 parliamentary constituencies - including two in London - without a single branch. The tally is being published by the consumer group Which? as it seeks to make the "avalanche" of closures and the "disastrous" impact they can have on local communities an election battleground. - Guardian
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

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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