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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

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Thursday newspaper round-up: Thames Water, Toblerone, Rolls-Royce
(Sharecast News) - A group of creditors to troubled Thames Water are poised to vote on whether to grant an emergency £2.4bn loan to keep the company afloat, as campaigners raise concerns it could add £40 to each household's bills in interest alone. A consortium of creditors, called London & Valley Water, will vote on Thursday on whether to increase a funding facility for the debt-laden utility company to £5.4bn to keep it operating to autumn 2027. - Guardian
Wednesday newspaper round-up: Sizewell plant, Rosebank oilfield, Google
(Sharecast News) - The government's plan to fund a multibillion-pound nuclear plant at the Sizewell site in Suffolk represents a "terrible deal" for the UK taxpayer over the rest of the century, according to the government's spending watchdog. MPs on the public accounts committee (PAC) have warned the government that the cost of the Sizewell C nuclear reactor could spiral to almost £48bn, leaving bill payers on the hook to provide an extra £9.8bn to construct the plant before 2040 and a further £12bn over its 60-year operating life. - Guardian
Tuesday newspaper round-up: Shop price inflation, Microsoft, Helsing
(Sharecast News) - Shop price inflation has risen to the highest level in two and a half years, according to the British Retail Consortium, which warned that "the dam is starting to break" when it comes to retailers trying to limit price rises for customers. The lobby group said shop price inflation was 2.1% year on year in October, a sharp rise compared with 1.4% in September, and an indication that retailers were beginning to pass on the rising costs of energy and food ingredients since the Middle East conflict broke out. - Guardian
Monday newspaper round-up: Pensioners and the Budget, interest rate expectations, Audi US factory
(Sharecast News) - The chancellor will use his Budget this week to protect pensioners and those saving for their retirement, as he announces plans to shield nearly 1m people from paying income tax. John Healey is expected to confirm on Wednesday that the full state pension will rise by £489 to £13,036 - equivalent to 3.9%. However, the rise will push about 1m people on low incomes who rely on the state pension above the £12, 570 personal allowance threshold, meaning they would be dragged into paying income tax. To retain the principle that the state pension is not taxable, Healey is expected to announce a rise in the tax-free allowance for low-income pensions to £13,036. The move will cost taxpayers £200m a year by 20230 - The Times

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