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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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Wednesday newspaper round-up: Train companies, Jes Staley, farmers IHT
(Sharecast News) - Train companies have been warned over price claims made on their ticketing websites after the advertising watchdog banned ads run by three sellers. The Advertising Standards Authority ruled that claims made for fares booked via ScotRail and Greater Anglia's website, as well as by a third-party ticketing site, My Train Ticket, were misleading. In all three cases, the ASA said, it found the companies could not provide evidence to show that people would get the lowest available price by booking train tickets through them. - Guardian
Tuesday newspaper round-up: EU trade deal, Post Office, Nelson Peltz
(Sharecast News) - Keir Starmer's government has been told a closer EU trade deal is a "strategic necessity" for companies in Britain as growing numbers of exporters find it tougher to do business under the UK's post-Brexit agreement. Calling on Labour to accelerate its reset with Brussels, the British Chambers of Commerce (BCC) said the UK's existing trade and cooperation agreement (TCA) was failing to help them grow their sales in the EU. - Guardian
Tuesday newspaper round-up: EU trade deal, Post Office, Nelson Peltz
(Sharecast News) - Keir Starmer's government has been told a closer EU trade deal is a "strategic necessity" for companies in Britain as growing numbers of exporters find it tougher to do business under the UK's post-Brexit agreement. Calling on Labour to accelerate its reset with Brussels, the British Chambers of Commerce (BCC) said the UK's existing trade and cooperation agreement (TCA) was failing to help them grow their sales in the EU. - Guardian
Monday newspaper round-up: Turkeys, UK manufacturers, graduate jobs
(Sharecast News) - Several of the UK's big supermarkets have been forced to source turkeys from elsewhere in Europe to keep shelves stocked this Christmas, after avian flu curtailed UK production. Asda, Lidl and Morrisons are understood to be stocking branded turkey imported from mainland Europe - a move industry sources described as "unprecedented" - to "protect availability" and ensure sufficient supply for festive meals. - 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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