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Thursday newspaper round-up: Post Office, Ben & Jerry's, Anthropic

(Sharecast News) - The Post Office has avoided a fine over a data breach that resulted in the mistaken online publication of the names and addresses of more than 500 post office operators it had been pursuing during the Horizon IT scandal. The Information Commissioner's Office (ICO) has reprimanded the Post Office over the breach, in which the company's press office accidentally published an unredacted version of a legal settlement document with the operators on its website. - Guardian Ben & Jerry's pro-Gaza activism risks derailing the £7bn spin-off of Unilever's ice cream division, the consumer goods giant has warned. On Wednesday, Unilever said that statements from Ben & Jerry's board on the conflict in the Middle East risked "reputational damage" to its new Magnum ice cream business. The FTSE 100 giant is separating Ben & Jerry's, Magnum, Cornetto and dozens of other brands into a new group called The Magnum Ice Cream Company, which is set to be listed on the London, Amsterdam and New York stock markets. - Telegraph

Construction will start on Europe's first major lithium mine after German taxpayers pumped €354m (£311m) into Vulcan Energy Resources' €2.2bn project in the Upper Rhine Valley. The German government's backing - which dwarfs the amount British lithium start-ups have received from UK coffers - comes as Europe scrambles to cut its dependence on Chinese rare earths. - Telegraph

Anthropic is reported to have called in lawyers to prepare for a blockbuster flotation as soon as next year, as the $300 billion artificial intelligence start-up steps up the battle with rival OpenAI in the race to go public. Wilson Sonsini, the New York-based firm, has been appointed to advise on the potential IPO, which would give the company behind AI chatbot Claude a more efficient way to raise capital and provide leverage for bigger acquisitions. - The Times

A FTSE 100-listed mining giant has revealed it has axed 1,000 jobs as it seeks to overhaul its business to save costs and become the largest copper producer in the world. Glencore has announced the reduction of its workforce to investors at its capital markets as it sets an ambition to almost double its copper production over the next ten years. - The Times

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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
Thursday newspaper round-up: UK Power Networks, Starlink, farmers
(Sharecast News) - A French utility has agreed to buy the owner of the electricity cables and power lines across London, the south-east and the east of England in a deal worth £10.5bn. Paris-headquartered Engie said on Wednesday that it had struck a deal to buy UK Power Networks (UKPN) in a "major milestone" for the company's ambition to become the "best energy transition utility". - Guardian
Wednesday newspaper round-up: House listings, Sizewell C, Wayve, PwC
(Sharecast News) - Spring has come early to the UK housing market, with a surge in people listing their homes for sale as confidence returns to the sector, a report by the property website Zoopla found. The site said this month was on course to record the highest number of newly listed homes for sale in any February for a decade. - 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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