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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.

Tuesday newspaper round-up: Energy support, chatbots, Hyve

(Sharecast News) - Some of the UK's least well-off households could be left more than £200 worse-off on their energy bills this year because of reduced government support, the consumer body Which? has warned. Joining calls made by other campaigners, it said the government urgently needed to introduce a "social tariff" for gas and electricity to protect the most financially vulnerable. - Guardian Britain's data watchdog has issued a warning to tech firms about the use of people's personal information to develop chatbots after concerns that the underlying technology is trained on large quantities of unfiltered material scraped from the web. The intervention from the Information Commissioner's Office came after its Italian counterpart temporarily banned ChatGPT over data privacy concerns. - Guardian

Bickering in Brussels is threatening to inflict queues and disruption on British holidaymakers for years to come by derailing the rollout of new technology that would speed up passport checks. The European Union has been hit by opposition from member states over the development of a new app for border crossings by non-EU citizens. - Telegraph

A shareholder revolt against a £481 million private equity takeover of Hyve is being led by M&G Investments, which claims that it significantly undervalues the international exhibition company. Hyve announced last month that it had agreed to a 108p-a-share takeover offer from Providence Equity Partners after the media-focused US investor had initially offered 101p, then 105p. - The Times

Some savers with Phoenix Life have been unable to withdraw their funds since Friday because the company's systems were serviced by Capita, the hacked outsourcer. Chris Johnson, a customer who contacted The Times, reported that he was advised by a Phoenix Life call handler that he could not cash in his pension because of the technical issues and should ring back "in a few days", with no estimated timeframe for when normal services would resume. - The Times

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Sunday share tips: Moneysupermarket, Impax
(Sharecast News) - Lucy Tobin at the Sunday Times tipped shares of Moneysupermarket, arguing that the energy sector would recover at some point.
Friday newspaper round-up: Energy price cap, Mike Lynch, News Corp
(Sharecast News) - The energy price cap in Great Britain will fall to the equivalent of £1,568,a year this summer after a drop in wholesale gas prices. Set by the energy regulator, Ofgem, the cap reflects the average annual dual-fuel bill for 29m households and takes effect from July until the end of September. The cap, which is set quarterly, will fall £122 in July from its current level of £1,690, easing the pressure on household finances. - Guardian
Thursday newspaper round-up: Mike Lynch, smart meters, Very Group
(Sharecast News) - San Francisco federal courthouse on Thursday as a key witness in his own criminal fraud trial, which began in March. US authorities have charged the former software tycoon with 16 counts of wire fraud, securities fraud and conspiracy relating to his company's acquisition deal with Hewlett-Packard in 2011. If convicted, Lynch faces up to 25 years in prison. He has pleaded not guilty. - Guardian
Wednesday newspaper round-up: Anglesey power station, electric cars, Eurostar passengers
(Sharecast News) - Ministers have earmarked north Wales as the site of a large-scale nuclear power plant, which is part of plans to resuscitate Britain's nuclear power ambitions. Wylfa on Anglesey (Ynys Môn) has been named as the preferred site for the UK's third major nuclear power plant in a generation, coming after EDF's Hinkley Point C nuclear plant, which is under construction in Somerset, and its Sizewell C nuclear project planned for Suffolk. - 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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