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Monday newspaper round-up: Affordable housing, mobile coverage, unemployment

(Sharecast News) - Half of all affordable housing supply in rural England could be under threat under plans being considered by ministers to relax regulations for private housing developers, according to analysis. The government has proposed ending affordable housing quotas - known as section 106 agreements - for new developments of between 10 and 49 houses in an effort to jumpstart sluggish housebuilding rates. Ministers are due to make a final decision within weeks on whether developers should be allowed to make cash payments to local authorities instead. - Guardian British holidaymakers watching online videos while they sit on a European beach this summer are likely to be pleasantly surprised: the signal should be better than at home. Mobile coverage in the UK is worse than in any of the 27 EU member countries, and every other member of the G7 group of large economies, according to analysis by consumer group Which? of data from Opensignal. - Guardian

As political turbulence buffets No 10, the expansion plans of one of Britain's biggest manufacturing businesses are at growing risk of being blown off course. Rolls-Royce, the £120bn aerospace giant, fears that Labour's leadership turmoil will ground its £3bn bid to build engines for the best-selling short-haul passenger jets made by Boeing and Airbus. - Telegraph

Tens of thousands of 11-year-olds are on track to become unemployed when they leave education because of failings in the schooling system, a new report warns. On Sunday, the Centre for Social Justice (CSJ) said up to 40,000 pupils currently in Year 6 will spend at least one year not in employment, education or training (Neet) between the ages of 16 and 24. - Telegraph

Companies are being "taxed out of existence", leading to the lowest appetite to spend money on big projects since the end of the Covid-19 crisis, according to one of the UK's largest business lobby groups. Researchers at the British Chambers of Commerce (BCC) said on Monday that the proportion of businesses that planned to raise investment had dipped to 17 per cent in the past three months, down from 21 per cent in the previous three months. - The Times

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Friday newspaper round-up: Ineos, EG Group, Hill Group
(Sharecast News) - The boss of Currys has said supplies of air conditioning and fans are "tight" ahead of another UK heatwave, expected next week, after a boom in sales sent retailers scrambling to source new stock. Alex Baldock, chief executive of the electrical goods retailer, said cooling kit had been "flying off the shelves" during June's record heat in England. Sales of fans were up nearly 3,000% over the most recent heatwave weekend compared with a week earlier, while air conditioning sales increased 330%. - Guardian
Thursday newspaper round-up: EU car industry, Getty Images-Shutterstock, United Utilities
(Sharecast News) - The EU's car industry has called for the UK to be fully included in new "made in Europe" rules that threaten to shut out British manufacturers from their biggest export market. The European Automobile Manufacturers Association (Acea) on Wednesday urged Brussels to give the UK, Turkey and Morocco "justified, targeted exemptions" to the rules, which will require cars and parts to be made within the EU to qualify for subsidies or public procurement. - Guardian
Wednesday newspaper round-up: Fuel poverty, Asda, BoE
(Sharecast News) - Millions of households in Great Britain will be pushed into fuel poverty after months of volatility on the global gas markets as energy bills rise by more than £220 a year under the government's price cap from Wednesday. As the cap on gas and electricity rates rises to the equivalent of £1,862 a year, the number of households forced to spend more than 10% of their income on energy bills will increase to 13.5m from almost 11.3m in April, according to fuel poverty campaigners. - Guardian

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