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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: Women bosses, Swedish inflation, Odey

(Sharecast News) - UK businesses have improved female representation on their boards, research shows, but two-fifths of FTSE 100 firms still do not have a woman in one of their top four executive roles. The proportion of women on the boards of the 585 FTSE all-share listed companies has risen over the past year from 36% to 40%, according to the analysis of Companies House data. - Guardian

Beyoncé has been blamed for keeping inflation stubbornly high in Sweden after more than 40,000 fans flocked to Stockholm last month to watch the singer begin her world tour. Economists said the artist, who launched her Renaissance tour in the Swedish capital with two sold-out concerts, helped to drive a surge in hotel and accommodation costs. - Telegraph

An influential group of MPs has ordered the City watchdog to reveal the extent of its investigation into Odey Asset Management following "deeply troubling" allegations made against the firm's founder. In a letter to bosses at the Financial Conduct Authority (FCA), Harriett Baldwin, chairman of the Treasury committee, called for the regulator to disclose more information about its oversight of the scandal-hit hedge fund. - Telegraph

Dawood Pervez says tongue-in-cheek that Britain's thousands of local convenience stores are as beloved as the country's pubs and bridleways but he's deadly serious in his commitment to promote and protect the wholesale network that supports them. The Old Etonian, and a lawyer by training, is the son of Sir Anwar Pervez, the immigrant founder of Bestway, Britain's second-biggest wholesaler after Tesco's Booker. - The Times

Equity finance provision for small and medium-sized companies fell sharply in the second half of last year as venture capital firms responded to economic strife and a sell-off in technology stocks, according to the government's economic development agency. A report by the British Business Bank said that 2022 was a tale of "two halves", with a record level of investment in businesses in the first two quarters. However, concerns about potential overvaluations, a lack of sale opportunities and rising interest rates and inflation caused a 47 per cent reduction in investment in the second half of the year compared with the first. - The Times

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Wednesday newspaper round-up: Aviva Investors, HSBC, car finance
(Sharecast News) - One of the UK's biggest pension funds has lost more than £350m on a series of "calamitous" investments in incinerator power plants that are expected to go bust in the coming days. The Guardian understands that Aviva Investors will put three incinerators into administration this week after pouring millions of pounds into what has been described as the country's "dirtiest form of power generation". - Guardian
Tuesday newspaper round-up: Starling Bank, Asos, Morrisons
(Sharecast News) - Staff have resigned at Starling Bank after its new chief executive demanded thousands of workers attend its offices more regularly, despite lacking enough space to host them. In his first major policy change since taking over from the UK digital bank's founder, Anne Boden, in March, Raman Bhatia has ordered all hybrid staff - many of whom were in the office only one or two days a week, or on an ad-hoc basis - to travel to work for a minimum of 10 days each month. - Guardian
Monday newspaper round-up: Energy bills, Black Friday, Lloyds Bank, Sephora
(Sharecast News) - Household energy bills across Great Britain are set to rise at the start of next year, analysts predict, putting more pressure on household finances. Officially, the price cap for January-March 2025 will be set on Friday morning by regulator Ofgem, limiting what energy providers can charge in England, Scotland and Wales. - Guardian
Sunday newspaper round-up: Kursk, AstraZeneca, BAE Systems
(Sharecast News) - America's President has authorised Ukraine to employ long-range ATACMS supplied by the US to strike targets inside Russia. More specifically, Kyiv will now be allowed to strike targets within the Kursk region, the New York Times reported. Speculation may increase that permission from Britain, the US and France to do the same with Storm Shadow missiles could follow. Joe Biden's decision is said to have been triggered by the appearance of North Korean troops in the Kursk region. - The Sunday Telegraph

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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