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Thursday newspaper round-up: Daily Mirror, Tesla, Unaoil

(Sharecast News) - Nurses, care home staff and police officers working on Christmas Day will be thousands of pounds worse off than they were a decade ago as a result of wages failing to keep pace with prices, Trades Union Congress analysis has shown. Urging the government to raise the minimum wage to £10 an hour, the TUC said the key workers expected to keep Britain going on 25 December had taken real pay cuts since 2010. - Guardian The EU has taken a first step in setting a 15% minimum corporate tax for multinationals, in line with a global agreement struck earlier this year, as the White House has hit a hurdle in its efforts to turn the pact into law. Announcing the launch of a new EU tax directive, Paolo Gentiloni, commissioner for the economy, said he expected the 27 member states to agree on the fine details within six months despite concerns held in some European capitals. - Guardian

The publisher of the Daily Mirror faces an intervention by the Pensions Regulator after refusing demands from its retirement scheme to make larger contributions to address a substantial funding deficit. Reach, which as well as the Mirror titles publishes the Express, the Star and dozens of regional newspapers and websites, has hit a stalemate in triennial negotiations with the trustee of its pension fund. - Telegraph

Telsa is being investigated by US authorities for allowing video games to be played on the dashboard while vehicles are moving. The "Passenger Play" feature is used in about 580,000 Teslas in the US. Concerns have been raised that drivers themselves can play games while the car moving, or be distracted by passengers playing on the car's large central touchscreen. - Telegraph

A second former energy company executive is to appeal a bribery conviction as pressure mounts on fraud investigators over their handling of the Unaoil prosecutions. Lawyers for Paul Bond, 69, a former senior sales manager at SBM Offshore, a Dutch company, told The Times that they had lodged papers with the Court of Appeal to challenge his conviction. - The Times

A former hedge fund faces a £40.8 million fine from the City watchdog for failing to manage conflicts of interest created by an investment pot that was open only to the firm's employees. The penalty from the Financial Conduct Authority centres on alleged shortcomings in the way that BlueCrest Capital Management UK handled the movement of its traders between an external fund for outside investors and an internal vehicle that managed the personal wealth of its staff and partners. - 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
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(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
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(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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