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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: Car insurance, Vodafone, The Telegraph

(Sharecast News) - Car owners who pay for their insurance monthly rather than with a one-off lump sum are being charged interest of more than 30%, research has found, in what has been described by campaigners as a "poverty premium". Insurers give customers the choice of paying one annual premium or breaking it up and paying over the course of the year. - Guardian Britain's beleaguered stock market has left City bosses increasingly nervous about the threat of foreign takeovers, according to new research. The majority of FTSE 350 board members surveyed by investment broker Deutsche Numis said their companies are at a greater risk of being acquired by buyers overseas in 2024. - Telegraph

The United Arab Emirates' stake in the telecoms operator Vodafone is a threat to Britain's national security, ministers have found. Deputy Prime Minister Oliver Dowden intervened to demand protection from the Gulf state after it became Vodafone's biggest shareholder with a 14.6pc shareholding worth £2.7bn. Mr Dowden said Vodafone, which holds sensitive Whitehall contracts and owns critical infrastructure including undersea cables, was at risk of "material influence" by the UAE. - Telegraph

The chairman of The Spectator called on the government to block the Abu Dhabi-backed bid for the Telegraph newspaper group last night on the grounds that no foreign state should own major UK media assets. Speaking on Newsnight, Andrew Neil said: "You cannot have a major mainstream newspaper group owned by an undemocratic government or dictatorship where no one has a vote." - The Times

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Thursday newspaper round-up: Höfner, Sotheby's, Christie's
(Sharecast News) - Ministers and senior MPs have warned that the UK's agreements with Donald Trump are "built on sand" after the Guardian established that the deal to avoid drug tariffs has no underlying text beyond limited headline terms. The "milestone" US-UK deal announced this month on pharmaceuticals, which will mean the NHS pays more for medicines in exchange for a promise of zero tariffs on the industry, still lacks a legal footing beyond top lines contained in two government press releases. - Guardian
Wednesday newspaper round-up: Grangemouth ethylene plant, Warner Bros, ChatGPT
(Sharecast News) - Jim Ratcliffe's chemicals company Ineos has been granted £120m of government funding to help save the UK's last ethylene plant at Grangemouth, in a deal expected to protect more than 500 jobs. The investment in the Scottish plant was necessary to preserve a vital part of the country's chemicals infrastructure, the UK government said. The ethylene produced there was essential for medical-grade plastics production, water treatment and in aerospace and car-building, it added. - Guardian
Tuesday newspaper round-up: Nissan, Morrisons, Ford
(Sharecast News) - Nissan has started the production of its latest electric car in Sunderland, a crucial step in the UK automotive industry's transition away from petrol and diesel. The Japanese manufacturer will launch the third generation of the Leaf on Tuesday, which was the first mass-market battery electric car to be built in the UK. Nissan has made 282,704 Leaf models at the north-east England plant so far. - Guardian
Monday newspaper round-up: Cryptocurrencies, jobs downturn, Cycle Pharma
(Sharecast News) - Cryptocurrencies will be regulated in a similar way to other financial products under legislation coming into force in 2027. The Treasury is drawing up rules that will require crypto companies to meet a set of standards overseen by the Financial Conduct Authority (FCA). Ministers have sought to overhaul the crypto market, which has ballooned in popularity as a way of investing money and making payments. Cryptocurrencies have not been subject to the same regulation as traditional financial products such as stocks and shares, which means that in many cases consumers do not enjoy the same level of protection. - 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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