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Friday newspaper round-up: UK farmers, Total, Royal Mail

(Sharecast News) - UK farmers are receiving negligible profits for many items as food prices rise and supermarkets boast record takings. An average block of cheese or loaf of bread produces less than a penny for farmers, and fruit producers do not fare much better, making just 3p from each kilo of apples. - Guardian French oil giant TotalEnergies has become the first major North Sea operator to cut investment as a direct result of Rishi Sunak's windfall tax. The €157bn (£134bn) company is to reduce planned spending on new wells by a quarter next year as the levy forces drilling businesses to reexamine their plans. - Telegraph

Royal Mail has accused striking staff of assault and intimidation against workers crossing the picket line as the dispute between the two sides becomes increasingly bitter. One person was headbutted while some employees were followed and filmed, according to claims made by the company as strikes entered their fifth month. - Telegraph

The former head of the competition regulator is set to take a job at a US consultancy where he will advise on anti-trust issues. Andrea Coscelli, who stepped down as chief executive of the Competition and Markets Authority in July after six years, will set up a new London office as co-head in Europe of Keystone Strategy. - The Times

Britain's third-biggest cinema chain is ready to swoop on a rival in a "huge consolidation play" ahead of a possible stock market flotation. Tim Richards, who founded Vue International in 1999, confirmed the company was ready to take advantage of any opportunities that presented themselves as speculation mounts that Cineworld could be broken up. - The Times

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Thursday newspaper round-up: Steel tariffs, student loans, Anthropic
(Sharecast News) - Ministers are expected to drop some planned tariffs on foreign steel after UK manufacturers said the measures would significantly increase their costs. Representatives of the Department for Business and Trade are meeting leaders of steel trading business groups on Wednesday and Thursday with a view to finalising details of a reprieve for certain industries. - Guardian
Wednesday newspaper round-up: Anthropic, renewable energy projects, Boots
(Sharecast News) - Anthropic, the maker of the Claude artificial intelligence (AI) models, made a new version of its technology available to the general public on Tuesday while restricting its use in sensitive areas. Dubbed Fable 5, the model is the first to be made widely available from the company's new Mythos class - its most advanced lineup of AI technology, unveiled in April but restricted to a small set of partner institutions for months over cybersecurity concerns. - Guardian
Tuesday newspaper round-up: OpenAI, GSK, Sam Bankman-Fried
(Sharecast News) - OpenAI has filed confidentially to go public on the US stock market, according to a company blogpost published on Monday. The artificial intelligence giant's debut on Wall Street is expected to be one of the most highly valued listings in market history with a valuation at more than $850bn. "We recently submitted a confidential S-1. We expect it to leak so we're just announcing it," the company's post reads. "We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it's a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best." - Guardian
Monday newspaper round-up: Temporary workers, bogus insurance claims, Stonegate
(Sharecast News) - UK companies are increasingly hiring temporary workers instead of permanent staff because of low confidence in the economy and higher cost pressures, according to a report. Recruiters reported a strong increase in offers of temporary roles in May, according to new research from KPMG and the Recruitment and Employment Confederation (REC). - Guardian

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