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Tuesday newspaper round-up: YouTube, JustGiving, JPMorgan

(Sharecast News) - The former head of the Institute of Directors (IoD) has accused the Government's Covid fraud division of a "deliberate smear campaign" after she was punished for abusing loan schemes. Anna Daroy, who was the think tank's director general between 2018 and 2019, has criticised the Insolvency Service over its decision to ban her as a company director for 11 years. - Telegraph Rachel Reeves's pledge to tackle youth unemployment will target just one in 20 young people who are out of work and on benefits, official figures show. Under the changes, the Chancellor said young people who have been out of work for 18 months will be required to take on a mandatory paid role or face being stripped of their benefits. - Telegraph

YouTube has agreed to pay $22 million towards constructing a ballroom in the White House as part of a settlement with President Trump, who sued the video platform for suspending his account following the US Capitol riots. The Alphabet-owned company has agreed to pay a total of $24.5 million to settle a lawsuit brought over YouTube's actions after the Capitol riot in January 2021, a court filing showed on Monday. - The Times

The company behind the JustGiving charity and fundraising platform has paid £25.8 million to its Nasdaq-listed American parent. Giving.com paid the dividend to Blackbaud, the software company that has owned the UK site since 2017. - The Times

Charlie Javice, the entrepreneur convicted for defrauding JPMorgan Chase into buying her college financial aid startup Frank for $175m, was sentenced on Monday to just over seven years in prison. Alvin Hellerstein, the US district judge, handed down the sentence at a hearing in Manhattan federal court. - Guardian

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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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