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Thursday newspaper round-up: Transport bosses, online deliveries, car exports

(Sharecast News) - Airline, shipping and trucking bosses have joined union leaders in calling for governments around the world to ease coronavirus restrictions on transport workers to help avoid a Christmas supply chain crisis. Industry representatives from around the world issued a joint call on Wednesday for coordinated action from national governments to simplify border restrictions. - Guardian The move back to the office following the lifting of coronavirus restrictions has prompted a surge in searches for homes for sale close to commuter stations, according to property website Rightmove. The property portal said there had been a big increase in searches for train stations an hour away from major cities over the summer, as people started to look for locations which allowed easy travel to work. - Guardian

Fuel is being diverted from large companies to garage forecourts in a move that threatens to disrupt online deliveries, The Telegraph has learnt. Bosses across Britain's fuel terminals are under orders to prioritise motorists over major firms as ministers scramble to avoid angry scenes at the petrol pumps. - Telegraph

A former BBC executive who doubled the cost of playing the National Lottery has been handed a £1.8m bonus four years after quitting operator Camelot. Andy Duncan, who is also a former chief executive of Channel 4, was awarded the seven-figure sum under long-term incentive schemes. - Telegraph

Export demand for British-made cars has collapsed as UK factory output slumped again in recent weeks. Despite lockdowns ending, latest figures show that little more than 1,000 cars a day have been rolling off British production lines, when not so long ago average annual volumes 4,500 a day. - The Times

Britain's biggest retailer plans to expand its use of a train service to bring goods from Spain into the country, which helped it to cut emissions and protect deliveries during the haulage crisis. Ken Murphy, chief executive of Tesco, said in an interview for the forthcoming Reuters Impact conference that the past three months had been "challenging" but that the supermarket had coped well thanks to its detailed planning and close ties with suppliers. - The Times

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Thursday newspaper round-up: Asda, Post Office, M&S, Frasers Group
(Sharecast News) - The owners of Asda are facing mounting pressure after figures showed the struggling supermarket chain's share of the grocery market reached a "new nadir" as sales fell sharply this summer. The grocer's sales fell 6.4% in the three months to 10 August, equivalent to more than £2bn in annual lost revenues, as it became the only member of the traditional "big four" supermarkets to see sales shrink, according to analysts at NIQ. - Guardian
Wednesday newspaper round-up: Waitrose, McDonald's, Crown Agents
(Sharecast News) - Waitrose is planning to open 100 convenience stores over the next five years as part of a £1bn-plus investment in new outlets and shop refurbishments. The upmarket grocery chain is planning to unveil a revamped outlet in Finchley Road, north London, on Wednesday. This will kick off a new phase of expansion with its first new store in six years in Hampton Hill, west London, by the end of this year. - Guardian
Tuesday newspaper round-up: Missing yacht, City Airport, energy bills
(Sharecast News) - Morgan Stanley International chairman Jonathan Bloomer is among those missing after a yacht carrying UK tech entrepreneur Mike Lynch sank off the coast of Sicily during a violent storm, an Italian official has said. Salvatore Cocina, head of the civil protection agency in Sicily, said Bloomer and Chris Morvillo, a lawyer at Clifford Chance, were among the six people missing. Lynch and his 18-year-old daughter, Hannah, were also unaccounted for as of late Monday. - Guardian
Monday newspaper round-up: Ted Baker, banks, Boohoo
(Sharecast News) - Fashion brand Ted Baker's remaining 31 stores in the UK are to close this week, putting more than 500 jobs at risk. Started as a men's clothing label in Glasgow in 1988 by entrepreneur Ray Kelvin and becoming known for its quirky advertising and floral prints, Ted Baker's UK arm entered administration in March after racking up losses. - 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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