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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: Turkeys, pay rises, Daily Mail

(Sharecast News) - Ranjit Singh Boparan, the owner of East Anglian turkey producer Bernard Matthews, said the first workers would arrive in the next few days as it prepared for the busy festive season. Boparan said: "With just a few weeks to go until Christmas, it is very good news to be able to report that here we are in mid-November, and we're well on the way to plugging the job gaps for the massive volume increases we get during this time of year. - Guardian

Faster train journeys will be delivered up to 10 years sooner than planned, the government has insisted amid anger over an expected decision to axe key schemes. The Department for Transport (DfT) said its Integrated Rail Plan (IRP) will feature £96bn of investment in the Midlands and the North. The plan, which will be published on Thursday, is expected to confirm that the eastern leg of HS2 will be scrapped between the east Midlands and Leeds, savings tens of billions of pounds. - Guardian

Workers need a pay rise of more than 7pc next year just to stand still as surging inflation and looming tax rises erode their spending power, the Institute of Fiscal Studies has warned. Prices jumped 4.2pc in the 12 months to October, according to official statistics. This is more than double the Bank of England's 2pc target, as energy prices soar and global supply shortages bite. - Telegraph

The editor of the Daily Mail, Geordie Greig, has been ousted after three years in a move that paves the way for a merger with its Sunday sister title and a greater focus on digital journalism. Mr Greig is to be replaced by Ted Verity, currently editor of the Mail on Sunday, who will take a new job as editor of Mail Newspapers that puts him in control of both titles. - Telegraph

More than half of younger investors get stock-trading tips from social media sites such as TikTok and Reddit, research has revealed. Fifty-six per cent of 18 to 34-year-olds use the platforms for inspiration before buying and selling shares, according to a survey of 2,000 people by Opinium for Hargreaves Lansdown, the investment platform. - 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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