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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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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
Tuesday newspaper round-up: Paramount Skydance, retail crime, unemployment
(Sharecast News) - Paramount Skydance has increased its bid for Warner Bros Discovery, Reuters reported on Monday, raising the stakes in the bidding war for the historic studio and its broadcast and cable TV assets in an effort to beat out rival suitor Netflix. It could not immediately be determined how the bid was revised. Warner Bros and Paramount declined to comment, while Netflix could not immediately be reached. - Guardian
Friday newspaper round-up: Donald Trump, Telegraph sale, Blue Owl
(Sharecast News) - A new 33-strong drone unit is being deployed to investigate the scourge of illegal waste dumping across England, the government has announced. The improvements to the investigation of illegal waste dumping - which costs the UK economy £1bn a year - come as the ringleader of a major waste crime gang was ordered to pay £1.4m after being convicted at Birmingham crown court. - Guardian
Thursday newspaper round-up: Retailers, Tesla, Rachel Reeves
(Sharecast News) - UK retailers are planning to cut staff hours and jobs amid rising employment costs and pessimism about the economy. Almost two-thirds (61%) of finance bosses at retail companies said they planned to reduce working hours or cut overtime, according to the latest survey from the British Retail Consortium (BRC), the trade body that represents most big retailers. More than half (55%) said they would cut head office jobs and 42% said they would reduce jobs in stores. - 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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