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Monday newspaper round-up: Ride-hailing apps, ticket prices, Abercrombie & Kent

(Sharecast News) - Uber and other ride-hailing apps should be forced to publish data on drivers' workloads so that regulators can tackle exploitation and cut carbon emissions, campaigners argue. Analysis by the pressure group Worker Info Exchange suggests drivers for Uber and its smaller rivals may have missed out on more than £1.2bn in wages and costs last year because of the way they are compensated. - Guardian The North Sea industry has warned the government not to toughen its windfall tax on oil and gas profits in the autumn budget, claiming it risks losing £12bn in tax receipts and jeopardising 35,000 jobs. The industry's trade association, Offshore Energies UK (OEUK), has presented Treasury officials with data analysis that appears to show that proposed changes to the tax regime would devastate the sector's predicted investment over the second half of this decade. - Guardian

Charging consumers higher ticket prices as the level of demand increases will be reviewed by the Government, the Culture Secretary has said. Ticketmaster has faced a flurry of criticism for its use of "dynamic pricing" after Oasis fans reported paying more than £300 for one of the Britpop band's reunion shows. Fans had expected to pay around £150 and Ticketmaster was the only one of three platforms to have engaged in the practice. - Telegraph

Abercrombie & Kent is preparing for a potential float following a post-pandemic boom in luxury holidays. The travel company's parent, Abercrombie & Kent Travel Group, has begun conversations with bankers about floating on the stock market within 18 to 24 months. However, executives are weighing up whether to list in New York, London or another European stock market. - The Times

Businesses face paying thousands of pounds in fines if they do not uphold new protections for employees introduced by Labour as part of its overhaul of workers' rights. The Times has been told ministers are considering a warning system which would allow companies to make improvements before being hit with fines. - The Times

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Friday newspaper round-up: Versace, Rightmove, Acorn project
(Sharecast News) - City regulators have announced a package of changes aimed at bolstering growth across the mutuals and co-operatives sector after the Labour government promised to double the size of the £223bn industry. Top officials from the Financial Conduct Authority (FCA) and the Bank of England will join the city minister, Lucy Rigby, in Rochdale - the birthplace of the UK's co-operative movement - on Friday to set out plans to streamline regulation, simplify applications and launch a new mutual societies development unit to provide expert advice and support. - Guardian
Thursday newspaper round-up: Post Office, Ben & Jerry's, Anthropic
(Sharecast News) - The Post Office has avoided a fine over a data breach that resulted in the mistaken online publication of the names and addresses of more than 500 post office operators it had been pursuing during the Horizon IT scandal. The Information Commissioner's Office (ICO) has reprimanded the Post Office over the breach, in which the company's press office accidentally published an unredacted version of a legal settlement document with the operators on its website. - Guardian
Tuesday newspaper round-up: Zipcar, BP, Volvo/Polestar
(Sharecast News) - As the battle lines harden amid Germany's intensifying pressure on the European Commission to scrap the 2035 ban on production of new petrol and diesel cars, two Swedish car companies, Volvo and Polestar, are leading the campaign to persuade Brussels to stick to the date. They argue such a move is a desperate attempt to paper over the cracks in the German car industry, adding that it will not just prolong take up of electric vehicles but inadvertently hand the advantage to China. - Guardian
Monday newspaper round-up: Black Friday, Gail's, Evri, Amazon
(Sharecast News) - Shoppers held back from visiting high streets over Black Friday, data shows, amid fears weak consumer spending will put the brakes on economic growth in 2026. Visitors to all UK shopping destinations were down 2% on Friday and 7.2% compared with the equivalent days last year, according to the monitoring company MRI Software, with locations near central London offices among the few to experience a lift in visits. - 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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