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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: Telecoms providers, NatWest, energy firms

(Sharecast News) - Britain's biggest telecoms providers are preparing to launch inflation-busting price increases for broadband and mobile contracts this spring, hitting consumers with a combined bill worth £600m more than if these deals had matched the cost of living. BT, EE, Vodafone, Virgin Media, O2 and TalkTalk are to increase bills for tens of millions of customers under "mid-contract price rises" from April and May. - Guardian NatWest is set to reveal its largest annual profit since the 2008 financial crisis amid speculation that the taxpayer-backed bank will ramp up the size of its bonus pool just as consumers struggle with the cost of living crisis. The banking group, which is still 45% state-owned, is expected to report £5.1bn in pre-tax profits for 2022 when it reveals annual results on Friday, according to City analysts. - Guardian

A million more Britons will start paying tax on their savings this year as a result of a stealth raid by the Treasury and higher interest rates, analysis for the Telegraph shows. Ten straight Bank of England rate rises from 0.1pc to 4pc have boosted earnings on thousands of savings accounts after years of dismal returns. However, a £1,000 tax-free allowance on savings interest that was designed to spare most people from the taxman has not been increased in line with inflation since it was introduced in 2016. - Telegraph

More gas and electricity suppliers could go bust because soaring numbers of households are unable to pay their bills, the industry body has warned. Emma Pinchbeck, chief executive of Energy UK, urged the government to scrap April's 20 per cent rise in energy bills, saying that otherwise "millions more households will fall into debt", with "disastrous" consequences for consumers and companies. - The Times

The tycoon considering a bid for Manchester United has raised €3.5 billion via his Ineos business to build the greenest chemical cracker in Europe. Sir Jim Ratcliffe has landed finance from 21 commercial banks for the project located in Antwerp, Belgium. - The Times

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Sunday newspaper round-up: Middle East, Aston Martin, Defence
(Sharecast News) - Britons must accept that their country was now involved in the Middle East conflict, Tobias Ellwood said. The former defence minister warned that "nobody was in full control" of the growing conflict as more and more countries were sucked in. Ellwood also said that Tehran's strike had taken the conflict into a "new dangerous territory". - Sunday Telegraph
Friday newspaper round-up: Everton, AstraZeneca, Amazon
(Sharecast News) - Everton has paid about £30m in interest charges to an opaque lender associated with a tax exile, corporate records suggest. The charges appear to have reached about £438,000 a week, according to the troubled Premier League club's most recent set of accounts, a figure more than three times the reported wages of the Everton and England goalkeeper Jordan Pickford. - Guardian
Thursday newspaper round-up: Border controls, McKinsey, KPMG
(Sharecast News) - New post-Brexit UK border controls coming into force later this month will cost British businesses £2bn and fuel higher inflation, according to a report warning that UK-EU trade will be damaged as a result. With less than a month before the introduction of new checks on animal and plant products from 30 April, the insurer Allianz Trade said the controls agreed under Boris Johnson's Brexit deal could add 10% to import costs over the first year. - Guardian
Wednesday newspaper round-up: Shoplifting, EnQuest, Klarna
(Sharecast News) - The government is investing more than £55m in expanding facial recognition systems - including vans that will scan crowded high streets - as part of a renewed crackdown on shoplifting. The scheme was announced alongside plans for tougher punishments for serial or abusive shoplifters in England and Wales, including being forced to wear a tag to ensure they do not revisit the scene of their crime, under a new standalone criminal offence of assaulting a retail worker. - 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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