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Tuesday newspaper round-up: Gambling, DWF, credit card spending

(Sharecast News) - The main lobby group for the UK gambling industry has been accused of making inaccurate statements relating to the regulation of the £10bn-a-year sector the day before its boss appears before a parliamentary committee. Michael Dugher, the chief executive of the Betting & Gaming Council (BGC), is to be question by MPs on the select committee for culture, media and sport on Tuesday as part of a review of government proposals to improve gambling regulation. - Guardian Labour would use artificial intelligence to help those looking for work prepare their CVs, find jobs and receive payments faster, according to the party's shadow work and pensions secretary. Jonathan Ashworth told the Guardian he thought the Department for Work and Pensions was wasting millions of pounds by not using cutting-edge technology, even as the party also says AI could also cause massive disruption to the jobs market. - Guardian

The boss of National Grid has complained that it takes a decade to build a new power line in an attack on planning red tape. John Pettigrew, the company's chief executive, said that Britain's planning rules add seven years of delays to the construction time for cables. His warning comes amid ongoing rows over delays in connecting new wind and solar farms to the UK's electricity grid, which are threatening the Government's target of making the network carbon neutral by 2035. - Telegraph

At least 40 lawyers are set for a payday of over a million pounds each as British law firm DWF prepares to go private. London-listed DWF on Monday said it is in negotiations to sell itself to Inflexion Private Equity in a deal worth about £342m. The takeover would result in a lucrative payday for many current and former DWF partners who own shares in the law firm. - Telegraph

Consumer card spending rose by 5.4 per cent last month as grocery shopping on cards jumped by 9.5 per cent, the highest growth in the category for two years, though still below the rate of food prices inflation. According to data from Barclays, 67 per cent of supermarket shoppers said they were looking for ways to cut the cost of their weekly shop, with 32 per cent shopping at multiple supermarkets in pursuit of deals. - The Times

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Wednesday newspaper round-up: Post Office, Spirit AeroSystems, Flutter
(Sharecast News) - The Post Office is expected to announce the closure of dozens of branches and cut up to 1,000 head office jobs as it seeks to reduce costs to secure its financial future. There are about 11,500 Post Office branches across the UK, of which 115 are wholly centrally owned. The rest are operated by independent post office operators under contract and partners such as WH Smith and Tesco. - Guardian
Tuesday newspaper round-up: Bluesky, British Steel, FRC
(Sharecast News) - Social media platform Bluesky has picked up more than 700,000 new users in the week since the US election, as users seek to escape misinformation and offensive posts on X. The influx, largely from North America and the UK, has helped Bluesky reach 14.5 million users worldwide, up from 9 million in September, the company said. - Guardian
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(Sharecast News) - Great Britain "lags behind" Europe on measures to restrict betting adverts, according to a report released days after official data showed a sharp increase in the number of children with a gambling problem. Restrictions on ads by bookmakers and casinos are increasingly becoming "the norm" across Europe in response to public health concerns, according to a report commissioned by GambleAware, the UK's leading gambling charity. - Guardian
Friday newspaper round-up: AI, Bentley, News Corp
(Sharecast News) - Dozens of health and children's groups have urged ministers to tackle obesity by imposing taxes on foods containing too much salt or sugar. New levies based on the sugar tax on soft drinks would make it easier for consumers to eat more healthily by forcing food manufacturers to reformulate their products, they claim. - Guardian

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