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Monday newspaper round-up: Four-day week, UK energy, Apple

(Sharecast News) - Fraudsters may have stolen £500,000 from a taxpayer-funded scheme aimed at accelerating the removal of dangerous cladding from buildings, the public spending watchdog has revealed. The National Audit Office said the government decision to prioritise speed in handing out money to building owners had increased its risk of losses from fraud. The warning came in an NAO report into the government's progress in remediating dangerous cladding from blocks after the Grenfell Tower fire in 2017. - Guardian One thousand workers in the UK will get extra time off with no loss of pay in the first official pilot by the four-day week campaign under the Labour government. The British Society for Immunology and Crate Brewery in Hackney, east London, are among the businesses to have joined the latest trial, which is being led by the 4 Day Week Campaign, as it launches on Monday. - Guardian

Cornwall is home to more solar panels than anywhere else in the country, new figures show, fuelling a growing backlash from local farmers and small businesses. The south-west county now boasts more than 27,000 sites generating solar energy, with even more planned under Ed Miliband's green energy rollout. The spread of solar energy across the Cornish countryside has been welcomed by climate campaigners. However, it has also sparked anger among residents and councillors who claim the local landscape has been ruined by an influx of large glass solar panels. - Telegraph

Shares in Apple will be in focus on Monday after Warren Buffett's Berkshire Hathaway continued to slash its stake in the tech company as part of a selling spree that has lifted his cash pile to record levels. The billionaire's industrials-to-insurance conglomerate disclosed on Saturday that it had reduced its position in Apple to $69.9 billion in the third quarter, indicating it had shed a further 100 million shares in the period, or a quarter of its holding. - The Times

The head of the International Energy Agency has backed the government's ambitious plan to clean up Britain's power supply by 2030 so the UK can keep its lead in cutting-edge energy industries. Labour has faced criticism for its ambition to supply almost all the country's electricity with wind, solar and nuclear energy in only six years' time. - The Times

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Tuesday newspaper round-up: Rupert Murdoch, Tesla, HSBC
(Sharecast News) - Rupert Murdoch's three adult children will retain control over their father's media empire upon his death, a Nevada court has ruled after Murdoch launched a campaign to wrest away their power and give it all to his oldest son. The New York Times reported on Murdoch's loss, citing a sealed court decision that was filed on Saturday. The family battle took place outside of the public's eye, despite attempts from the media to gain access to the trial. - Guardian
Monday newspaper round-up: Job vacancies, Mike Ashley, John Lewis Partnership
(Sharecast News) - Rachel Reeves plans to end the UK's "fractious" post-Brexit accord with the EU, a relationship she said had been defined by "division and chaos", by promising closer ties in the first speech by a UK chancellor to eurozone finance ministers since 2020. Reeves will say she wants to adopt a "business-like" approach through an "economic reset" with the EU, offering the goal of driving up trade and growth. - Guardian
Sunday newspaper round-up: Al-Assad, Argentina, Aviva
(Sharecast News) - Syrian President Bashar al-Assad's regime appeared to collapse on Sunday morning, after rebels entered the capital Damascus. Assad's whereabouts are not clear but Moscow or Tehran are possibilities. One source told Reuters that Assad's plane disappeared off the radar when it was headed towards the country's coastal region. It made an abrupt turn before vanishing from the map. The pilot may have turned off the transponder but it's more likely that it was shot down. - Sunday Times
Friday newspaper round-up: Boeing, Boohoo, nuclear power stations
(Sharecast News) - Ten years ago, marketing executives at Britain's biggest supermarket had a brainwave: might slashing the price of basic vegetables tempt shoppers to do their Christmas shop with them? Tesco, under chief executive Dave Lewis, was trying to revive a business reeling after falling sales, five profit warnings and an accounting scandal. That promotion in December 2014, dubbed its Festive Five, offered bags of carrots, potatoes, brussels sprouts, parsnips and a cauliflower for 49p each. - 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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