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Monday newspaper round-up: EasyJet, four-day week, FirstGroup

(Sharecast News) - UK holidaymakers have faced yet more travel chaos as easyJet cancelled another 80 flights on Sunday, Eurostar trains experienced further delays, and roads began to clog up with drivers returning from half-term and jubilee weekend breaks. Tens of thousands of British travellers are estimated to be stranded at airports across Europe after close to 200 flight cancellations over the weekend. - Guardian More than 3,300 workers at 70 UK companies, ranging from a local chippy to large financial firms, start working a four-day week from Monday with no loss of pay in the world's biggest trial of the new working pattern. The pilot is running for six months and is being organised by 4 Day Week Global in partnership with the thinktank Autonomy, the 4 Day Week Campaign, and researchers at Cambridge University, Oxford University and Boston College. - Guardian

BT has been told that rural people must be able to call the emergency services when storms cause power cuts, after digital-only phones were rendered useless by strong winds last winter. Ofcom wrote to BT after the chaos caused by storms Arwen and Eunice left some communities without power for days, asking the company as a "matter of urgency" to find new backup options for phones that depend on an internet connection rather than old copper wires. BT has subsequently stopped the roll-out of its digital-only phones. - Telegraph

The co-founder of Carzam has blamed the collapse of the used-car dealer on Alex Chesterman's handling of the rival company Cazoo. Peter Waddell, 56, launched the Peterborough-based Carzam 18 months ago alongside John Bailey, the former boss of Manheim auctions, with the promise of delivering used cars nationwide within 24 hours. Together they invested £50 million. However, the business entered voluntary receivership last week. - The Times

Some of FirstGroup's biggest shareholders have told the transport company's board that a £1.2 billion takeover approach from an American private equity firm would have to be unconditional for them to accept it. I Squared's bid, which values First at up to 163.6p a share, includes 45.6p that is conditional on the amount the bus and trains group eventually receives from the previously agreed sale of its American businesses, including the Greyhound bus line. - 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
Monday newspaper round-up: Hospitality, wind generation, Vertical Aerospace
(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

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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