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Thursday newspaper round-up: Brexit, Pret A Manger, THG

(Sharecast News) - Rishi Sunak is under growing pressure to offer more help to older workers who have fallen out of the workforce due to ill health, as official figures show a sharp increase in the rates of long-term sickness in every region of the UK except London. Highlighting deep regional divisions, figures from the Office for National Statistics show economic inactivity due to long-term sickness has increased most among 50 to 64-year-olds outside the capital since the Covid pandemic. - Guardian More than three-quarters of firms say the government's post-Brexit trade deal with the EU has not helped them to expand their business in the last two years despite promises that it was an "oven-ready" deal. A survey by the British Chambers of Commerce (BCC) has prompted the business lobby group to present the government with five urgent recommendations for enhancing the agreement, which has left many exporters struggling to sell into the EU under the current terms. - Guardian

Pret A Manger is axing almost all of its vegetarian-only stores as the novelty of meat-free branches wears off. The sandwich chain is to shut or rebrand 75pc of its Veggie Pret stores six years after they first launched. - Telegraph

Sir Tom Hunter, the billionaire investor and philanthropist, has reaffirmed his commitment to THG, insisting that Matt Moulding's struggling beauty-to-nutrition retailer has been a "a real success story" (Greig Cameron writes). Hunter, 61, has had a business relationship with Moulding, 50, since 2009 and been a vocal supporter even as THG - formerly The Hut Group - has stumbled. - The Times

Sharan Pasricha, the wealthy entrepreneur behind Gleneagles and the trendy Hoxton hotel chain, has collected an estimated €260 million by selling the underlying assets of the hotels in Amsterdam and Paris. The near €1 million per room paid by Schroders, the buyer of the two properties, is thought to be the biggest per-room price ever paid in Europe for a hotel without suites. - The Times

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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
Wednesday newspaper round-up: UK borrowing costs, Channel 4, Anduril
(Sharecast News) - The "premium" that the UK pays to borrow money compared with its international peers may be coming to an end as markets grow more confident about the government's plans, a thinktank has suggested. The Institute for Public Policy Research (IPPR) said that the chancellor Rachel Reeves's announcement in the autumn budget that she would be more than doubling the UK's financial headroom by 2030 from £9.9bn to £22bn had begun to assure bond markets about Labour's fiscal approach. - Guardian
Tuesday newspaper round-up: household spending, British Library, Jamie Dimon, WPP
(Sharecast News) - UK households cut back on spending at the fastest pace in almost five years last month as consumers put Christmas shopping on hold, according to a leading survey. Adding to concerns that uncertainty surrounding the budget has helped dampen consumer confidence, Barclays said card spending fell 1.1% year on year in November - the largest fall since February 2021. The bank said retailers still enjoyed their busiest day of the year so far on Black Friday, with transaction volumes 62.5% higher than the average day for 2025. - Guardian
Monday newspaper round-up: Neso, local authorities, Anglo American
(Sharecast News) - Britain's energy system operator is pulling the plug on hundreds of electricity generation projects to clear a huge backlog that is stopping "shovel-ready" schemes from connecting to the power grid. Developers will be told on Monday whether their plans will be dismissed by the National Energy System Operator (Neso) - or whether they will be prioritised to connect by either the end of the decade or 2035. - 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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