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Wednesday newspaper round-up: Channel 4, Jaguar Land Rover, Thames Water

(Sharecast News) - European companies are increasingly lobbying for strong climate action, research has found, in a "profound shift" that analysts say challenges the narrative that businesses see green rules as a threat to profits. The share of companies whose corporate lobbying is "aligned" with pathways to meet global climate goals rose from 3% in 2019 to 23% in 2025, according to an analysis of 200 of the largest European companies by InfluenceMap, while the share of companies who were deemed "misaligned" fell from 34% to 14%. - Guardian Thousands of migrant workers are likely to die in Saudi Arabia as a result of a building boom fuelled by the 2034 World Cup and other major construction projects, human rights groups have warned. The Gulf kingdom has seen a surge in demand for cheap migrant labour, with a significant increase in foreign workers since 2021, as it starts preparations for hosting the World Cup and drives forward projects including the futurist megacity Neom. - Guardian

The former boss of broadband provider TalkTalk is bidding to become the first woman to chair Channel 4. Dame Tristia Harrison is among the contenders to replace Sir Ian Cheshire, The Telegraph has learnt. She served as chief executive of TalkTalk from 2017 until late last year. - Telegraph

The boss of Jaguar Land Rover (JLR) has refused to rule out producing cars in America in an effort to avoid tariffs. Adrian Mardell, JLR's chief executive, said the company had no plans to move production across the Atlantic but could not dismiss the possibility for the future amid lingering questions about how the UK-US trade pact will work in practice. - Telegraph

Thames Water's chairman has apologised to customers while insisting it is "not a failing company" and saying that hundreds of thousands of pounds worth of recent bonuses for bosses were justified. Sir Adrian Montague told MPs on Tuesday that he wanted to apologise for "letting customers down" in recent years and at times causing people "real hardship". - The Times

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Monday newspaper round-up: Green levies, Thames Water, oil prices
(Sharecast News) - The government is to slash green levies on thousands of businesses, in an effort to bring down sky-high energy costs for firms and boost the manufacturing sector in Labour heartlands. The measure is a key plank of the long-awaited industrial strategy, a 10-year plan to boost sectors ranging from the creative industries to manufacturing. - Guardian
Friday newspaper round-up: UK manufacturing, passport fees, Thames Water
(Sharecast News) - Thousands of European airline staff are being trained to stop people boarding flights to Britain without valid visas, in a move billed by the foreign secretary as a digital upgrade to border controls. David Lammy said the measures marked a step towards "more secure, more digital and more effective" borders, but the move could raise questions about human rights safeguards. - Guardian
Wednesday newspaper round-up: Tariffs, UK gas plants, xAI
(Sharecast News) - Donald Trump is threatening to keep 25% tariffs on some or all of its steel imports from the UK unless it gives specific guarantees over the Indian-owned steelmaking plant at Port Talbot in south Wales, sources have told the Guardian. An agreement to reduce tariffs on UK car exports to the US and scrap them for the aerospace sector was signed off by the US president and Keir Starmer on Monday, on the sidelines of the G7 summit in Canada. - Guardian
Tuesday newspaper round-up: UK-US trade deal, Oxford Street, TSB
(Sharecast News) - Keir Starmer and Donald Trump have signed off a UK-US trade deal at the G7 summit in Canada, with the US president saying Britain would have protection against future tariffs "because I like them". The two leaders presented the deal, which covers aerospace and the auto sector, at the G7 venue in Kananaskis, Alberta. - 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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