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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.

Wednesday newspaper round-up: Anglesey power station, electric cars, Eurostar passengers

(Sharecast News) - Ministers have earmarked north Wales as the site of a large-scale nuclear power plant, which is part of plans to resuscitate Britain's nuclear power ambitions. Wylfa on Anglesey (Ynys Môn) has been named as the preferred site for the UK's third major nuclear power plant in a generation, coming after EDF's Hinkley Point C nuclear plant, which is under construction in Somerset, and its Sizewell C nuclear project planned for Suffolk. - Guardian Hybrid and electric cars are more likely to strike pedestrians than petrol or diesel vehicles, particularly in towns and cities, according to an analysis of British road traffic accidents. Data from 32bn miles of battery-powered car travel and 3tn miles of petrol and diesel car trips showed that mile-for-mile electric and hybrid cars were twice as likely to hit pedestrians than fossil fuel-powered cars, and three times more likely to do so in urban areas. - Guardian

A bank boss who earns £3.3m a year has admitted he only took the job on condition that he was allowed to work from home. Mike Regnier, the chief executive of Britain's fifth-largest lender Santander UK, said he was convinced to accept the role after the bank allowed him to work out of the office most of the time. The 52-year-old spends up to two days a week working in the bank's main offices in Milton Keynes and London, and the rest of the week from his home in Harrogate, North Yorkshire, or travelling the country. - Telegraph

Eurostar passengers at St Pancras station will be forced to negotiate a five-step check-in process under strict new EU rules, providing their fingerprints and a mugshot twice and answering a series of questions on the nature of their trip. People planning to travel through the Channel Tunnel will be sent a guide to the new system as soon as they book, including a flow chart and checklist detailing each stage of the process and explaining why it is being implemented. - Telegraph

The seaside resorts of Bournemouth, Sidmouth and Bexhill-on-Sea have been identified as among the fastest-growing engines of small-scale British enterprise. Traditionally better known for their holidays and beaches, the towns are attracting a new generation of entrepreneurs. Analysis of digital data by GoDaddy, the website hosting company, found that Suffolk Coastal, which includes Felixstowe, saw the density of microbusinesses increase by 54 per cent in the 12 months until April. That is more than ten times the average UK growth rate of 5 per cent. - 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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