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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Thursday newspaper round-up: Greensill, BT, Dazn

(Sharecast News) - The Premier League's pledge to scrap betting adverts on football shirts will not protect children from a "bombardment" of gambling advertising, according to a report by MPs that also raises concerns about the pace of reform to the industry. MPs on the select committee for culture, media and sport criticised the government for failing to take a more "precautionary approach" to gambling promotion, setting out their concerns in a 76-page report published on Thursday. - Guardian The Labour party has called on David Cameron to release all details of his involvement in the Greensill lobbying scandal. Sir Laurie Magnus, Rishi Sunak's adviser on ministerial interests, has also been asked to explain whether investigations into the foreign secretary's former employer will be formally declared. - Guardian

Warner Bros and Paramount have opened discussions about a $38bn (£30bn) merger that would bring together two of Hollywood's "Big Five" studios. David Zaslaw, the chief executive of Warner Bros Discovery, met Bob Bakish, the boss of Paramount Global, in New York this week to discuss a possible combination of the two companies, online news website Axios reported. - Telegraph

BT is scrambling to rip Huawei equipment out of its network before the end of the year to avoid hefty fines. The telecoms giant still has not removed all kit made by the controversial Chinese company from its "core" network, with just 11 days left before a government-imposed deadline of December 31. - Telegraph

Heavy losses at Dazn have almost halved as the sports streaming provider battles to tip the balance between the enormous costs of sports rights and selling enough subscriptions. In latest results published at Companies House, Dazn reported a total loss of $1.26 billion for the year to the end of December 2022, sharply reduced from the $2.18 billion loss it made in 2021. - 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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