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Monday newspaper round-up: EasyJet staff, hiring confidence, Apple

(Sharecast News) - Donald Trump has said that his administration plans to start sending letters on Monday to US trade partners dictating new tariffs, amid confusion over when the new rates will come into effect. "It could be 12, maybe 15 [letters]," the president told reporters, "and we've made deals also, so we're going to have a combination of letters and some deals have been made." - Guardian Airport staff are earning cash bonuses for every easyJet passenger they spot travelling with an oversized bag, according to a leaked email. Staff at Swissport, an aviation company that operates passenger gates at airports, are "eligible to receive £1.20 (£1 after tax) for every gate bag taken", according to the message sent to staff at seven airports in the UK and the Channel Islands, including Birmingham, Glasgow, Jersey and Newcastle. - Guardian

Rachel Reeves's National Wealth Fund is pouring millions of pounds into a major carbon capture scheme in the Peak District as Labour ploughs ahead with its ambitious net zero push. The Chancellor has announced plans to invest £28.6m in the Peak Cluster project, which will eventually see emissions from cement and lime factories in the area stored deep below the Irish Sea. - Telegraph

Hiring confidence among UK employers is at its lowest for 13 years in spite of signs of a summer rebound in output. The April rise in employers' national insurance, policy uncertainty and other cost pressures have pushed the indicator for employment to its weakest since 2012, according to the BDO Business Trends barometer. - The Times

The tax contribution paid into Treasury coffers by Apple jumped last year as its operating profits surpassed £1 billion. Apple's corporation tax bill rose by nearly 62 per cent from £188 million to £304 million for the year ended September 28, 2024, according to accounts filed at Companies House, as its operating profits rose from £822 million to £1.2 billion. Revenues at the technology company were up 35 per cent to £4.7 billion. - The Times

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Tuesday newspaper round-up: Nissan, Morrisons, Ford
(Sharecast News) - Nissan has started the production of its latest electric car in Sunderland, a crucial step in the UK automotive industry's transition away from petrol and diesel. The Japanese manufacturer will launch the third generation of the Leaf on Tuesday, which was the first mass-market battery electric car to be built in the UK. Nissan has made 282,704 Leaf models at the north-east England plant so far. - Guardian
Monday newspaper round-up: Cryptocurrencies, jobs downturn, Cycle Pharma
(Sharecast News) - Cryptocurrencies will be regulated in a similar way to other financial products under legislation coming into force in 2027. The Treasury is drawing up rules that will require crypto companies to meet a set of standards overseen by the Financial Conduct Authority (FCA). Ministers have sought to overhaul the crypto market, which has ballooned in popularity as a way of investing money and making payments. Cryptocurrencies have not been subject to the same regulation as traditional financial products such as stocks and shares, which means that in many cases consumers do not enjoy the same level of protection. - Guardian
Friday newspaper round-up: OBR, franchise agreements, GoCardless
(Sharecast News) - MPs have launched an inquiry into the role and performance of the Office for Budget Responsibility. The all-party Commons Treasury committee will spend until the end of next month investigating the independent agency's forecasting performance and impartiality. The panel will consider whether reforms are needed 15 years after the OBR was set up by George Osborne when he was Tory chancellor. - Guardian
Thursday newspaper round-up: Youth employment, SpaceX, EY
(Sharecast News) - Britain is slipping down the global league table for youth employment amid a dramatic rise in worklessness that is putting a generation's future at risk, research has warned. Sounding the alarm over a worsening youth jobs crisis, the report from the accountancy firm PwC said Britain's economy was missing out on £26bn a year because of sharp regional divisions in youth joblessness. - 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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