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Tuesday newspaper round-up: Twitter, carbon tax, SFO

(Sharecast News) - Pressure on the government to help those hardest hit by Britain's cost of living crisis has intensified after the head of one of the country's leading employers' groups said immediate support was a "moral imperative". Tony Danker, the director-general of the CBI, said Rishi Sunak should step in to provide assistance to households skipping meals as a result of rising food and fuel bills. - Guardian Elon Musk has suggested that he could seek to pay a lower price for Twitter, as the social media company's would-be owner expressed further concerns about the presence of fake accounts on the platform. The Tesla CEO said reducing his agreed $54.20 per share offer wouldn't be "out of the question", days after putting the $44bn ($36bn) deal "on hold" after he queried the number of spam accounts on Twitter. - Guardian

The Treasury is plotting a new tax on imports from countries with high carbon emissions as part of a scramble to protect British industry from efforts to go green. Ministers are considering bringing in carbon border taxes to make sure UK businesses who face high domestic carbon costs are not undercut by cheap imports. - Telegraph

Senior officials at the Serious Fraud Office (SFO) were in "serious breach" of their duties during an investigation into a Kazakh mining company, according to a High Court ruling that piles fresh pressure on the embattled agency. Judge David Waksman found that Neil Gerrard, a former partner at City law firm Dechert, leaked material about his then-client ENRC to the SFO in breach of his own duty of care. - Telegraph

Tom Cruise isn't the only one making a comeback: the release this month of Top Gun: Maverick more than 35 years after the original Top Gun comes as the big cinema chains kick-start investment in new theatres. A year after Britain's cinemas were allowed to reopen, Odeon has announced plans to open its latest upmarket Odeon Luxe venue this summer in Acton, west London. The opening, its first this year, will have nine screens with reclining seats that have three times the standard legroom. Films will be shown on cutting-edge technology, while the food and drink offering has been upgraded. - 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

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