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Wednesday newspaper round-up: Food security, Tesla, furlough

(Sharecast News) - Farmers have accused the government of failing to listen to their warnings over the future of domestic food production, after concerns ministers would not increase the number of seasonal worker visas next year. The criticism came at a summit convened by the National Farmers' Union (NFU) and attended by the environment minister, George Eustice, where food producers, processors and retailers urged government to fix supply chains to ensure food security. - Guardian

The biggest taxi firm in Paris said it was suspending the use of Model 3 Teslas in its fleet after a fatal accident in the French capital at the weekend. A driver lost control of his Tesla on Saturday night in the southeastern 13th district of Paris, killing one person and injuring 20, with three people in intensive care. Paris prosecutors on Saturday opened an investigation into the incident. - Guardian

Rishi Sunak must be ready to bring back the furlough scheme to save shops and restaurants, the International Monetary Fund has warned as the spread of the omicron variant threatens further restrictions on the economy. The international financial stability watchdog said the Chancellor should be ready to reintroduce targeted measures to limit the economic damage from any new rules. Whitehall officials are reportedly considering a "plan C" including mandating table service in pubs to ensure social distancing. - Telegraph

The City regulator gave a "free pass" to banking misconduct when it "wrongly" excluded about 10,000 businesses from a redress scheme for the mis-selling of interest rate hedging products, an independent review has found. John Swift QC concluded that the Financial Services Authority failed in its duties when it implemented an eligibility cap for victims of the scandal. - The Times

The energy watchdog is to apply more stringent checks on electricity and gas suppliers as part of a reform package designed to prevent a repeat of the crisis engulfing the industry. Jonathan Brearley, chief executive of Ofgem, said providers would be subject to "robust stress testing", with executives also placed under greater scrutiny. He wrote in the Financial Times that the watchdog would use more sophisticated data analysis. - The Times

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Thursday newspaper round-up: Live petrol prices, Lotus, Taylor Wimpey
(Sharecast News) - Drivers will be able to see live petrol prices on Google Maps for the first time from Thursday, in a move that will help motorists shop around for the cheapest fuel. Millions of motorists will be able to find the cheapest petrol and diesel prices by searching for a local forecourt in the Google app, in what could prove to be "a major development" in making fuel prices more fair, according to campaigners. - Guardian
Wednesday newspaper round-up: Energy bills, O2 , BT/TalkTalk, Meta
(Sharecast News) - John Healey is planning a major intervention to cut energy bills for poorer households in this month's budget, after ministers became alarmed at forecasts that show bills rising by hundreds of pounds in January. The chancellor is working on plans to spend more than £1bn to help energy consumers, the bulk of which is likely to go towards increasing the discount given to households on certain benefits. - Guardian
Tuesday newspaper round-up: FCA, housebuilders, Panmure Liberum
(Sharecast News) - A top UK regulator has launched an investigation into how it handled a whistleblower - who highlighted alleged ties between the late sex offender Jeffrey Epstein and the US commerce secretary, Howard Lutnick - after he took his own life. The British banker Simon Andriesz died late last month aged 57, the campaign group Transparency Task Force, of which he was a member, confirmed over the weekend. - Guardian
Monday newspaper round-up: North Sea strikes, BT/TalkTalk, bank taxes
(Sharecast News) - A looming strike by oil workers in the North Sea could "severely disrupt" UK fuel supplies, the Unite union has said, adding that staff were left with no choice after a breakdown in pay talks with the Texas oil company Apache. The union said Apache workers had "emphatically" backed strike action after being given what it said was an unacceptable pay offer that amounted to a real-terms pay cut for many employees, at a time when the company was "raking in eye-watering profits". - Guardian

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