Skip Header
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: Energy bills, working from home, music industry

(Sharecast News) - The number of households seeking help to deal with court action over their unpaid energy bills has doubled in the last year, according to Citizens Advice. The charity said suppliers were increasingly opting to take their customers to court to recover their energy debts, which could ruin household finances for years. It said the use of legal action to pursue unpaid bills appeared to have increased since the industry regulator, Ofgem, introduced strict restrictions on the forced installation of prepayment meters. - Guardian Small businesses such as care homes, and enterprises including charities and faith groups, will be granted new protections to guard against rogue energy brokers using rip-off deals to secure hidden commission fees. The measures mark the first big step by the government and the industry regulator to bring unregulated energy brokers to heel after a growing outcry over aggressive sales tactics and undisclosed commissions, which have inflated costs for small businesses. - Guardian

Men who work entirely from home are more likely to get overlooked for promotions and pay rises than women who do the same, academics have found. A survey of 937 UK managers by the University of Warsaw found that bosses were 15pc less likely to promote men who worked from home full-time compared with their peers who were entirely office-based, and 10pc less likely to increase pay. They are much more likely than their female colleagues to be overlooked, with bosses saying they were 7pc less likely to promote home-working women than those in the office and 8pc less likely to give pay rises. - Telegraph

The global music industry is fighting back against the use of artists' work by technology companies to power artificial intelligence. Companies, including Sony and Universal, have launched a website that will both allow labels to protect their copyright and also warn technology businesses that are trawling their content not to use or distribute their work illegally. - The Times

A former senior executive at Accenture is suing the consulting giant and several of his former colleagues, including the firm's chief executive, for unfair dismissal and disability discrimination in a claim valued by experts at up to £100 million. Peter Lacy, 45, had been with Accenture for 15 years and worked as its chief responsibility officer and global sustainability services lead when his lawyers claim he was "abruptly" dismissed from the £4.3 million-a-year role in March last year. - The Times

Share this article

Related Sharecast Articles

Thursday newspaper round-up: New oil and gas projects, Micron, ElevenLabs
(Sharecast News) - An internal watchdog said the Federal Reserve mismanaged costs associated with a $2.4bn renovation of its Washington DC headquarters, but noted that no criminal violations occurred, according to a report released on Wednesday. For over a year, Donald Trump has centered his attacks against the Fed and former chair Jerome Powell around the renovations, including a months-long Department of Justice criminal investigation that was dropped in April. - Guardian
Wednesday newspaper round-up: BrewDog, Barclays, Grant Thornton
(Sharecast News) - BrewDog's new owner has urged drinkers to give the ailing brand "a second chance" as it invests more than £50m in improving the company's beers, pubs and working conditions. The US cannabis and drinks company Tilray bought BrewDog for £33m in March this year, after the company collapsed into administration after five years of losses and a series of controversies relating to the treatment of workers under the founder James Watt. - Guardian
Tuesday newspaper round-up: BT, borrowings costs, RBA, tariffs
(Sharecast News) - BT has been blocked from offering rival broadband providers discounted access to its network over concerns that the plans would threaten competition. Openreach, BT's infrastructure division, proposed discounts of up to £9.50 per month to companies such as Vodafone, Sky and TalkTalk for using its broadband network. It had said this would allow broadband providers to offer households value for money. - Telegraph
Monday newspaper round-up: Heathrow, diesel cars, empty homes
(Sharecast News) - Plans for a third runway at Heathrow are once again up in the air after the prime minister refused to say whether he backs the "contested" project which is delayed by up to four years. Over the weekend it emerged that ​Heathrow no longer expects to meet the original 2035 deadline. Instead, the airport hopes to secure planning permission by 2029 and then open the runway "within a decade", meaning it would not be operational until 2039. - 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.