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Friday newspaper round-up: Energy bills, ticket touting, BlackRock

(Sharecast News) - The number of people in England and Wales who sought help with energy bills jumped by 20% last year, according to Citizens Advice, which assisted 60,000 households struggling with the soaring cost of gas and electricity. That number was double the figure for 2020, the national consumer advice charity said, with problems with billing being the single most common type of issue raised with its service providers. - Guardian The price at which tickets for live events can be resold is to be capped under "gamechanging" proposals put forward by the government to crack down on touting in the sector. In a move hailed by music industry figures, the culture minister, Lisa Nandy, has launched a consultation that she said would end the "misery" of fans being exploited by touts, some of whom have made huge profits by selling hundreds of tickets a year. - Guardian

More than 100 earthquakes that damaged households across Surrey were likely caused by fracking, according to a landmark study by the University College London (UCL). As part of their findings, researchers suggested that oil extraction from a Surrey well led to powerful tremors across various villages in 2018-19, including Newdigate and Charlwood - which lie just four miles from Gatwick Airport. - Telegraph

BlackRock, the world's biggest asset manager, is abandoning an influential net-zero alliance after coming under pressure from Republican politicians over its support for "woke" climate policies. The New York-headquartered firm, which manages $11.5 trillion of assets, said it would leave the Net Zero Asset Managers initiative. Members of the group pledge to support the goal of net-zero greenhouse gas emissions by 2050, including by using their votes on behalf of shareholders at corporate meetings. - The Times

The increase in employers' national insurance contributions will result in an overall slowing of wage growth in the long run, a deputy governor of the Bank of England has said. Sarah Breeden, who is in charge of financial stability at the Bank, said she no longer feared a resurgence in consumer price inflation this year as the economy has slowed, the labour market has cooled and government tax changes to NICs could push down on earnings growth. - The Times

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Wednesday newspaper round-up: News Corp, BBC, Asda
(Sharecast News) - News Corp's global chief executive has described news organisations as a valuable "input" for artificial intelligence, as the media empire signs an AI content licensing deal with Meta worth up to US$50m (A$71m) a year. In an upbeat presentation, the chief executive of Rupert Murdoch's company, Robert Thomson, said the "reliable" breaking news and information in publications like the Australian, the Times of London and Dow Jones was "hard to beat" as an "input" for AI. - Guardian
Tuesday newspaper round-up: Anthropic's Claude, BrewDog, energy bills
(Sharecast News) - The AI model Claude has surged in popularity after being blacklisted by the Pentagon last week over ethics concerns. Claude climbed to the No 1 spot on Apple's chart of top free apps on Saturday in the US - dethroning OpenAI's ChatGPT, just one day after the Pentagon tapped OpenAI to supply AI to classified military networks. The bot's app climbed the iPhone app charts in the UK but did not beat out ChatGPT. Claude also raced up the Android charts in the US and UK, though ChatGPT reigned supreme, according to data from Sensor Tower. - Guardian
Monday newspaper round-up: OBR, Rolls-Royce, small businesses
(Sharecast News) - Rachel Reeves must reform the Office for Budget Responsibility (OBR) to open the way to more public investment, an alliance of thinktanks has argued ahead of the chancellor's spring forecast on Tuesday. With Keir Starmer's government under intense pressure after Labour's defeat by the Greens in Thursday's Gorton and Denton byelection, the thinktanks called on Reeves to review the watchdog's remit. - Guardian
Friday newspaper round-up: Mandelson, social media, Lloyds
(Sharecast News) - Peter Mandelson is facing an inquiry by the EU's anti-fraud agency after the European Commission requested the body look into his activities during his time as trade commissioner in Brussels. The commission said it referred the peer, 72, to the European Anti-Fraud Office, known as Olaf, last week after the US Department of Justice released documents allegedly showing he shared sensitive government information with sex offender Jeffrey Epstein. - Guardian

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