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Thursday newspaper round-up: Air safety, Apple, Costa Coffee

(Sharecast News) - Pilots and cabin crew at European airlines feel increasingly under pressure to work long hours and hide signs of tiredness at the expense of safety, according to a major study. Cost cutting and profit chasing at airlines has "systemically weakened" safety, and many exhausted employees feel too intimidated to challenge management decisions, the research by Ghent University in Belgium found. - Guardian The UK government has renewed its confrontation with Apple over access to customer data by demanding a backdoor into the tech company's cloud storage service - targeting British users only. The Home Office had previously sought access to data on Apple's advanced data protection (ADP) service uploaded by any user around the world, triggering a clash with the White House. - Guardian

Sir David Beckham is in line for a $34m (£25m) payout after advertising tie-ups with the likes of Stella Artois and Hugo Boss delivered a record year for his brand. DRJB Holdings, the holding company that oversees the former footballer's separate brand and TV production business, paid dividends of $75.7m to shareholders including Sir David, according to newly-filed accounts. - Telegraph

Donald Trump has been temporarily defeated in his bid to dismiss a leading Federal Reserve official amid an ongoing battle over central bank independence. On Wednesday, the Supreme Court said Fed governor Lisa Cook could keep her job for now and deferred a decision on her status until January 2026 so it could spend more time hearing legal evidence on the matter. - Telegraph

The world's second-largest coffee chain after Starbucks has received a bid from the private equity house behind Gail's and Pizza Express. The special situations division of Bain Capital, an American investment firm with $185 billion of assets under management, has submitted a first-round offer for Costa Coffee understood to be in the region of between £1.5 billion and £2 billion, after Coca-Cola put the UK's biggest coffee chain up for sale. - The Times

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Friday newspaper round-up: Income tax, Ineos, Virgin Atlantic
(Sharecast News) - Rachel Reeves is set to abandon a plan to raise income tax in her budget with the chancellor reportedly "ripping up" the main measures in the wake of turmoil in the party. A source told the Guardian that plans to break the manifesto pledge on income tax had been ditched by the prime minister, Keir Starmer, and the chancellor. - Guardian
Thursday newspaper round-up: Stamp duty, pensions, Tate galleries, Flutter
(Sharecast News) - Rachel Reeves has been urged to abolish the "sin tax" of stamp duty in the budget by property experts including TV presenter Kirstie Allsopp, as the chancellor faced calls to replace it with an annual property tax. Allsopp, presenter of Channel 4 property shows including Location, Location, Location, said "people are in a panic" about potential stamp duty changes, and "sitting tight" ahead of the 26 November budget. - Guardian
Wednesday newspaper round-up: Heathrow, InstaDeep, LNG
(Sharecast News) - Renewables will grow faster than any major energy source in the next decade, according to the world's energy watchdog, making the transition away from fossil fuels "inevitable", despite a green backlash in the US and parts of Europe. The world is expected to build more renewable energy projects in the next five years than has been rolled out over the last 40, according to the flagship annual report from the International Energy Agency (IEA). - Guardian
Tuesday newspaper round-up: Gambling tax, Warren Buffett, Legal & General
(Sharecast News) - The Gambling Commission has demanded a UK bookmaker hand over a trove of financial documents after the company accidentally disclosed information suggesting it may be running an illegal offshore betting operation. The Guardian understands that the company, which sponsors sporting events and boasts connections to high-profile figures in sport and politics, is the subject of early inquiries that could lead to a full-blown investigation. - 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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