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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: Post Office, Boohoo, gas supplies

(Sharecast News) - The Post Office and the government need to speed up compensation payments to workers who were victims of the Horizon IT scandal, according to a report by an influential group of MPs. MPs from parliament's Business, Energy and Industrial Strategy (BEIS) committee have expressed concerns about the time taken to make settlements to former Post Office operators who were wrongfully convicted as a result of errors in the company's computer accounting system. - Guardian A promotion by the fast-fashion retailer Boohoo that used "sexually suggestive" images of a model in an oversized T-shirt and thong-style bikini bottoms has been banned by the UK advertising watchdog for objectifying and sexualising women. The online retailer used several images of the model, including a shot taken from the rear of her kneeling and another of her sitting with her legs apart, which prompted a complaint to the Advertising Standards Authority (ASA) that the promotion was offensive, harmful and irresponsible. - Guardian

European Commission president Ursula von der Leyen has insisted the bloc can cope if Russia decides to "weaponise" gas supplies amid tensions over Ukraine. Ms Von der Leyen said "a number" of countries were ready to step up shipments of gas to Europe and it was now on the "safe side" for keeping households and businesses supplied this winter. - Telegraph

The owner of Facebook has suffered another setback after Google said it would stop advertisers tracking users across apps on Android phones, following in the footsteps of Apple. Google said it wanted to "raise the bar for user privacy" by changing the way marketers could collect data as people move between apps on phones that use Android, the mobile operating system it owns that works on about two-thirds of mobile devices around the world. - The Times

The $2.6 trillion cryptomarket is evolving rapidly and could quickly pose a risk to financial stability, global regulators have warned.The Financial Stability Board, which co-ordinates rules for the G20 economies, urged watchdogs around the world to work together to tackle the potential hazards posed by digital assets. - 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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