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Tuesday newspaper round-up: Rail strikes, gas shortages, easyJet

(Sharecast News) - Shoppers tearing their hair out in the search for Christmas presents online amid strike-hit parcel deliveries have been urged to try a low-tech solution: their local high street. With a quarter of annual toy sales rung up in December, the boss of The Entertainer toy chain told the Guardian it had been forced to extend its delivery window to up to seven days and drop its next-day offer due to the holdups. - Guardian

Thousands of rail workers have rebelled against union leaders by voting in favour of a pay deal. Some 36.4pc of Rail, Maritime and Transport workers union (RMT) members backed an offer of a 9pc pay rise in a show of defiance against leader Mick Lynch. Mr Lynch, however, insisted that there was a "huge rejection" of the offer among RMT members, with 63.6pc of those voting against the pay deal. The rebellion was not enough to call off strikes over Christmas and the New Year. - Telegraph

Rolls Royce has long been at the vanguard of Britain's nuclear industry, with more than half of the UK's £385m fund to support advanced projects in the field allocated to Rolls's mini-nukes programme. But the company's dominance is now being challenged by a new breed of scrappy start-ups who believe their technology could make Britain a world leader in nuclear power. - Telegraph

Europe must take urgent action to prevent a gas shortage next year in the absence of supplies from Russia, the European Commission and the International Energy Agency have warned. Gas demand must be reduced by improving energy efficiency and by installing more renewable power generation and electric heat pumps, they said, while gas supplies must be bolstered by jointly procuring more gas from elsewhere. - The Times

EasyJet's chief executive was handed a pay package worth almost £3 million this year even after the airline made a substantial loss and was forced to cancel thousands of flights because of a lack of staff. Johan Lundgren has been given an annual bonus of £1.2 million on top of his fixed pay of £833,000, as well as shares worth £925,000. Kenton Jarvis, the chief financial officer, received a total of £2.1 million - his salary and other benefits are worth £860,000, plus £1.26 million in variable compensation. - The Times

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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
Tuesday newspaper round-up: Pharma companies, Puig, Thames Water
(Sharecast News) - Rachel Reeves has said an incoming Labour government would launch a £5bn crackdown on tax avoiders to close a gap in its spending plans exposed by Jeremy Hunt scrapping the non-dom regime to finance tax cuts. Warning households and businesses that Labour was prepared to adopt tough measures to tackle tax fraud and non-compliance, Reeves said the funding would be used to pay for free school breakfast clubs and additional NHS appointments. - Guardian
Monday newspaper round-up: Boeing, rent rises, e-scooters, Santander UK
(Sharecast News) - US airline regulators have launched an investigation after an engine cowling on a Boeing plane fell off during takeoff and struck the wing flap. The Southwest Airlines flight 3695 rose to about 10,300ft (3,140 metres) before returning safely 25 minutes after takeoff to Denver international airport at about 8.15am local time on Sunday. It was towed to the gate after landing. The Boeing aircraft with 135 passengers and six crew members aboard had been headed to Houston. No one was injured. - Guardian

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