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Wednesday newspaper round-up: NHS app, Airbus, Channel 4

(Sharecast News) - The NHS app is collecting and storing facial verification data from UK citizens in a process which has fuelled concerns about transparency and accountability. The data collection is taking place under a contract with a company linked to Tory donors called iProov, awarded by NHS Digital in 2019, which has yet to be published on the government website. - Guardian The culture secretary has reiterated his belief that Channel 4 would benefit from a change of ownership, in the latest indication that the government intends to push ahead with privatisation of the state-owned broadcaster. "I believe that if Channel 4 wants to grow then at some point soon it will need cash," he will tell the Royal Television Society conference in Cambridge on Wednesday. "It can either come on the back of the taxpayer, or it can come from private investment. And it's my strong position - as a point of principle - that I do not believe the borrowing of a commercial TV channel should be underwritten by a granny in Stockport or Southend." - Guardian

Lobbyists in Brussels waged a campaign against the rollout of the Pfizer-BioNTech Covid vaccine by claiming it was insufficiently European, a new book by the jab's inventors has said. Opponents allegedly told politicians last year that they should not order doses of the injection because BioNTech, a German company, had teamed up with US behemoth Pfizer rather than working with another company based in Europe. - Telegraph

Airbus is ready to build a helicopter plant in North Wales to help secure a future contract to replace Britain's ageing Puma fleet. The aerospace giant raised the prospect of the new facility in Broughton, where it already makes wings for Airbus jets. A new factory would create hundreds of jobs and the company said it would tap UK suppliers for parts, further boosting employment. - Telegraph

The chancellor has spoken out in support of private equity taking over British listed companies, saying that the deals signified "good news for our economy". Private equity firms struck more deals in the UK in the first half of the year than during any other comparable period on record, targeting undervalued listed businesses ranging from John Laing, the infrastructure investor, to UDG Healthcare, a provider of services to the pharmaceuticals industry. - The Times

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Friday newspaper round-up: Paramount Global/Skydance Media, farms, River Island
(Sharecast News) - The Federal Communications Commission approved the merger between Paramount Global and Skydance Media on Thursday, clearing the way for an $8.4bn sale of some of the most prominent names in entertainment, including the CBS broadcast television network, Paramount Pictures and the Nickelodeon cable channel. The FCC agreed to transfer broadcast licenses for 28 owned-and-operated CBS television stations to the new owners after Paramount paid $16m to settle a lawsuit filed by Donald Trump over a 60 Minutes interview with former vice-president Kamala Harris that aired in October. - Guardian
Thursday newspaper round-up: UK car manufacturing, River Island, Tesla
(Sharecast News) - British car and van manufacturing slumped in the first half of the year to its lowest since 1953 outside the Covid pandemic, as Donald Trump's US tariffs caused global industry chaos. UK vehicle manufacturing declined by 12% to 417,200 units in the first six months of the year, figures from the Society of Motor Manufacturers and Traders (SMMT), a lobby group, show. - Guardian
Wednesday newspaper round-up: Tariffs, UK banks, Eurostar...
(Sharecast News) - Donald Trump said the US had agreed the terms of a "massive" trade deal with Japan that will impose 15 per cent tariffs on goods imported into America from the world's fourth-largest economy. The 15 per cent levy is lower than the 25 per cent he had threatened in a letter earlier this month, but higher than the 10 per cent rate that had been in force while the countries negotiated. Financial Times
Tuesday newspaper round-up: Sizewell C, State pensions, Gaza
(Sharecast News) - Ed Miliband has given final approval for the construction of Sizewell C nuclear power station at a cost of at least £38bn. The Energy Secretary took the final investment decision on the controversial power station on Tuesday. The site will take at least a decade to build. The Suffolk nuclear plant will have a capacity of about 3.2 gigawatts, enough to supply the needs of about six million homes for at least 60 years. - Daily 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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