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Friday newspaper round-up: Tax cuts, Endeavour Mining, Google

(Sharecast News) - Jeremy Hunt has dangled the prospect of big tax cuts in his March budget, in what is seen as one of the last opportunities for the Conservatives to claw back Labour's huge opinion poll lead. In his first public comments on his budget strategy, the chancellor made clear that only unexpected bad news would prevent him from answering the call from Tory MPs for a substantial giveaway before an expected autumn general election. - Guardian The gold producer Endeavour Mining is to clawback more than $29m in pay and awards after firing its chief executive this month for alleged "serious misconduct" over allegations of a multimillion-dollar "irregular payment". London-headquartered Endeavour said on Thursday that Sébastien de Montessus, who had led the FTSE 100 company since 2016, would be forced to forfeit $29.1m (£22.9m) in remuneration. - Guardian

A Norfolk couple have won a battle with one of the world's richest men over the name of their home and gardening business. A tribunal ruled in favour of Victoria and Lawrence Osborne, L V Bespoke, this week after the French luxury goods giant LVMH launched a trademark dispute against the couple. LVMH, whose brands include Louis Vuitton and Dior, is owned by Bernard Arnault who vies with Elon Musk for title of the world's richest man. - Telegraph

Google has announced a billion-dollar investment in a UK data centre in a move hailed by the government as a "huge vote of confidence in Britain". The data centre, which will be built on a 33-acre site in Hertfordshire, will power Google's cloud and AI services for British customers and will be the company's third big site around the capital, after King's Cross and Central Saint Giles in London. - The Times

Recycling Lives processes end-of-life vehicles for scrap metal, as well as electronic waste for customers such as BT, British Gas and Sharp. The company, which was owned by Three Hills Capital Partners, a private equity firm, appointed EY as administrator to its metals business, which ­employs more than 300 people, with most of those transferring on Thursday to a new, undisclosed owner via a pre-pack administration. - 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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