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Wednesday newspaper round-up: Eurostar, Asda, jobless rate

(Sharecast News) - Cross-channel train operator Eurostar has been criticised by the advertising watchdog for exaggerating the number of £39 seats on sale. The Advertising Standards Authority (ASA) ruled that Eurostar ads across Instagram and Facebook for £39 tickets from London to Amsterdam and Brussels were misleading, the second time it has censured its ads this year. - Guardian UK growth would be halved in the event Donald Trump wins the US presidential race and imposes the swingeing new tariffs he has threatened, a leading thinktank has warned. The National Institute of Economic and Social Research (NIESR) said the protectionist measures planned by the Republican challenger for the White House would result in weaker activity, rising inflation and higher interest rates from the Bank of England. - Guardian

Rachel Reeves's inheritance tax raid on farmers will put food security at risk and leave Britain more reliant on foreign imports, suppliers have warned. Senior business leaders said the Chancellor's decision to impose inheritance tax on farming assets worth more than £1m threatened to erode domestic food production. - Telegraph

Asda is ordering staff back to the office at least three days a week, while also cutting jobs in an attempt to halt the supermarket's decline. The retail giant announced the change in an internal email on Tuesday, which will apply to more than 5,000 head office workers across three different locations in Leeds and Leicester. It comes just weeks after Mohsin Issa stepped down from running the business, with former M&S chief executive Lord Rose taking the helm as his interim replacement. - Telegraph

Specialist engineers working on Britain's newest nuclear power station have gone on strike, saying they have not had a pay rise in four years and that cheap foreign labour is being used to undercut British workers. The cabling and pipework engineers, represented by the professional trade union Prospect, work on the Hinkley Point C nuclear power station being built in Somerset by EDF, as well as the Sizewell C project planned for Suffolk. - The Times

Unemployment will rise thanks to Rachel Reeves increasing employers' national insurance contributions at the budget, experts have claimed. The National Institute of Economic and Social Research (NIESR), Britain's oldest economic think tank, said the employers' national insurance contributions (NICs) rise, which it characterised as a "tax on jobs", would push up joblessness and constrain vacancies. - The Times

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Tuesday newspaper round-up: Rupert Murdoch, Tesla, HSBC
(Sharecast News) - Rupert Murdoch's three adult children will retain control over their father's media empire upon his death, a Nevada court has ruled after Murdoch launched a campaign to wrest away their power and give it all to his oldest son. The New York Times reported on Murdoch's loss, citing a sealed court decision that was filed on Saturday. The family battle took place outside of the public's eye, despite attempts from the media to gain access to the trial. - Guardian
Monday newspaper round-up: Job vacancies, Mike Ashley, John Lewis Partnership
(Sharecast News) - Rachel Reeves plans to end the UK's "fractious" post-Brexit accord with the EU, a relationship she said had been defined by "division and chaos", by promising closer ties in the first speech by a UK chancellor to eurozone finance ministers since 2020. Reeves will say she wants to adopt a "business-like" approach through an "economic reset" with the EU, offering the goal of driving up trade and growth. - Guardian
Sunday newspaper round-up: Al-Assad, Argentina, Aviva
(Sharecast News) - Syrian President Bashar al-Assad's regime appeared to collapse on Sunday morning, after rebels entered the capital Damascus. Assad's whereabouts are not clear but Moscow or Tehran are possibilities. One source told Reuters that Assad's plane disappeared off the radar when it was headed towards the country's coastal region. It made an abrupt turn before vanishing from the map. The pilot may have turned off the transponder but it's more likely that it was shot down. - Sunday Times
Friday newspaper round-up: Boeing, Boohoo, nuclear power stations
(Sharecast News) - Ten years ago, marketing executives at Britain's biggest supermarket had a brainwave: might slashing the price of basic vegetables tempt shoppers to do their Christmas shop with them? Tesco, under chief executive Dave Lewis, was trying to revive a business reeling after falling sales, five profit warnings and an accounting scandal. That promotion in December 2014, dubbed its Festive Five, offered bags of carrots, potatoes, brussels sprouts, parsnips and a cauliflower for 49p each. - Guardian

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