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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: 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: UK vets, Sizewell B, Terry Smith
(Sharecast News) - UK vets may have to have a licence and cap prescriptions for pet medicine at £21 under plans being considered by the government. Ministers are also considering establishing a regulator for the veterinary sector, including inspections, a mandatory licensing system and published compliance reports to improve accountability and choice. Every vet practice could need an official operating licence - similar to GP surgeries and care homes - under proposals in a white paper. - Guardian
Wednesday newspaper round-up: Regional income divide, John Lewis, mortgages
(Sharecast News) - Britain's deep regional income divide has barely changed in 30 years despite the promises of successive governments to narrow the gap, according to a report showing the challenge for Andy Burnham. As the prime minister-in-waiting prepares for government, the Resolution Foundation said almost no progress had been made since 1997 to tackle stark divisions in household income, before housing costs are taken into account, between the richest and poorest parts of the country. - Guardian
Tuesday newspaper round-up: Gambling customers, student loan repayments, Russian bankruptcies
(Sharecast News) - The Scottish government is about to consider a sweeping moratorium on building new datacentres, putting a key plank of the UK's AI strategy at risk. Last Sunday the Scottish National party (SNP)'s national council passed a motion to freeze all new datacentres in Scotland. That motion has been sent to the Scottish government to consider. It could apply to all datacentre projects that have not yet received planning permission - although its exact implementation is up to the Scottish government to decide. - Guardian
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

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