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Thursday newspaper round-up: Fuel poverty, strikes, Lloyds Banking

(Sharecast News) - More than 7 million people who no longer qualify for energy support from next spring face years in fuel poverty if average heat and light bills remain at £3,000, according to a report calling for more targeted help. In his November budget the chancellor, Jeremy Hunt, announced that the government's energy price guarantee (EPG) would rise from April to £3,000 a year for the typical home, and the £400 help paid to all households this winter - regardless of income - would not be repeated. - Guardian Britain is to be disrupted by strikes every day until Christmas as trade unions seek to bring the country to a halt in a new winter of discontent. Rail workers, including staff at Eurostar, nurses, teachers, security guards handling cash, driving examiners and rural payments officers are planning industrial action that will affect every day over advent. - Telegraph

Google has been hit with a £13.6bn lawsuit over claims the tech giant's stranglehold on the online advertising market has deprived publishers of revenue. The class action lawsuit, filed in the Competition Appeals Tribunal on Wednesday, claims that Google raked in "super profits" at the expense of hundreds of thousands of websites and mobile apps in the UK. - Telegraph

Italian oil major Eni is in early stage talks to buy Sam Laidlaw's Neptune Energy for up to $6 billion. Preliminary talks are under way but no formal offer has been made, a source said, confirming a report by Reuters. - The Times

Lloyds Banking Group's £52 billion staff pension fund was forced into fire sales of equities and faced collateral calls of billions of pounds at the height of the gilts market crisis, according to unusual evidence tabled in parliament. Henry Tapper, a pensions expert who gave evidence to the work and pensions committee last week, made a written disclosure in which he referred to his partner, Stella Eastwood, who is head of group pensions at Lloyds. - The Times

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Sunday newspaper round-up: Rentokil, Ukraine, Crowdstrike
(Sharecast News) - BT's former chief executive officer, Philip Jansen, is plotting to takeover Rentokil Initial with the help of private equity. As part of the acquisition, Jansen would take over as executive chairman. In particular, the corporate dealmaker and his financial supporters would focus on making Rentokil's 2022 purchase of US peer Terminix work. In a second phase, the company would move on to acquiring other US companies in the same sector. - Sunday Times
Thursday newspaper round-up: Aslef, unemployment, Microsoft
(Sharecast News) - The co-founders of Silicon Valley's most prominent venture capital firm have announced their support for Donald Trump's bid for re-election, and plan to make substantial donations to back him further. Ben Horowitz and Marc Andreessen, the heads of Andreessen Horowitz, commonly known as A16Z, revealed their plans in a sprawling 90-minute podcast, in which they argued that the future of "American innovation" required a Trump victory. - Guardian
Wednesday newspaper round-up: Harland & Wolff, Octopus Energy, Microsoft
(Sharecast News) - Local councils will have to adopt mandatory housing targets within months under planning reforms to be unveiled on Wednesday as part of Keir Starmer's first king's speech, which the prime minister says will be focused on economic growth. Starmer will introduce a package of more than 35 bills on Wednesday, the first Labour prime minister to do so in 15 years, as he looks to put the economy at the centre of his first year in office. - Guardian
Tuesday newspaper round-up: Elon Musk, Julian Dunkerton, SSE/TotalEnergies
(Sharecast News) - Elon Musk has said he plans to give $45m a month to a Super Pac focused on electing Donald Trump, starting in July, the Wall Street Journal has reported. The tech billionaire, who endorsed Trump two days ago, has already donated what was described as "a sizable amount" to the America Pac, though the actual amount of the donation will not be made public in election filings until 15 July, Bloomberg reported. - 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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