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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.

Monday newspaper round-up: EasyJet, four-day week, FirstGroup

(Sharecast News) - UK holidaymakers have faced yet more travel chaos as easyJet cancelled another 80 flights on Sunday, Eurostar trains experienced further delays, and roads began to clog up with drivers returning from half-term and jubilee weekend breaks. Tens of thousands of British travellers are estimated to be stranded at airports across Europe after close to 200 flight cancellations over the weekend. - Guardian More than 3,300 workers at 70 UK companies, ranging from a local chippy to large financial firms, start working a four-day week from Monday with no loss of pay in the world's biggest trial of the new working pattern. The pilot is running for six months and is being organised by 4 Day Week Global in partnership with the thinktank Autonomy, the 4 Day Week Campaign, and researchers at Cambridge University, Oxford University and Boston College. - Guardian

BT has been told that rural people must be able to call the emergency services when storms cause power cuts, after digital-only phones were rendered useless by strong winds last winter. Ofcom wrote to BT after the chaos caused by storms Arwen and Eunice left some communities without power for days, asking the company as a "matter of urgency" to find new backup options for phones that depend on an internet connection rather than old copper wires. BT has subsequently stopped the roll-out of its digital-only phones. - Telegraph

The co-founder of Carzam has blamed the collapse of the used-car dealer on Alex Chesterman's handling of the rival company Cazoo. Peter Waddell, 56, launched the Peterborough-based Carzam 18 months ago alongside John Bailey, the former boss of Manheim auctions, with the promise of delivering used cars nationwide within 24 hours. Together they invested £50 million. However, the business entered voluntary receivership last week. - The Times

Some of FirstGroup's biggest shareholders have told the transport company's board that a £1.2 billion takeover approach from an American private equity firm would have to be unconditional for them to accept it. I Squared's bid, which values First at up to 163.6p a share, includes 45.6p that is conditional on the amount the bus and trains group eventually receives from the previously agreed sale of its American businesses, including the Greyhound bus line. - The Times

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Thursday newspaper round-up: Tax increases, Jes Staley, Barclay family
(Sharecast News) - Rachel Reeves has defended the £40bn in tax increases in autumn's budget as businesses brace for their impact, saying NHS waiting lists would now be higher if she had not taken action. Employers are set for a £25bn increase in national insurance contributions (NICs), which comes into force on 6 April, at the same time as consumers are being hit by a slew of increases in bills for everything from utilities to car tax. - Guardian
Wednesday newspaper round-up: Motor finance compensation, car manufacturers, Rebel Energy
(Sharecast News) - A court of appeal ruling that has left lenders fearing PPI-level compensation bills over the motor finance commission scandal "goes too far", the City regulator said on Tuesday. The Financial Conduct Authority (FCA) made the comments in a written submission to the supreme court on Tuesday, as part of a high-profile case being closely watched by the government. The Treasury, which tried but failed to intervene in the case, is concerned the standing decision could spook businesses and threaten investment in the UK. - Guardian
Tuesday newspaper round-up: Household bills, OpenAI, BBC
(Sharecast News) - Millions of households are bracing themselves for a raft of price increases across a range of bills - from energy and water to car tax and the TV licence - that take effect on Tuesday. With so many costs rising at once - prompting some to label this month "awful April" - the government is facing fresh calls to take action to limit the impact of some of the increases. The Liberal Democrats claimed ministers needed to "get a grip" on energy bills. - Guardian
JPMorgan starts coverage of Wise at 'overweight'
(Sharecast News) - JPMorgan Cazenove initiated coverage of Wise on Monday with an 'overweight' rating and a 1,242p price target.

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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