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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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Monday newspaper round-up: Coal power plant, Deloitte, RBS scandal
(Sharecast News) - Britain's only remaining coal power plant at Ratcliffe-on-Soar in Nottinghamshire will generate electricity for the last time on Monday after powering the UK for 57 years. The power plant will come to the end of its life in line with the government's world-leading policy to phase out coal power which was first signalled almost a decade ago. - Guardian
Friday newspaper round-up: Gambling ads, road building schemes, public sector pensions
(Sharecast News) - Ministers have been urged to intervene to stop football clubs from setting their own rules on curbing gambling advertising, after research showed Premier League fans were bombarded with nearly 30,000 gambling messages on a single weekend. Clubs in the top flight have so far avoided compulsory restrictions on gambling sponsorship, instead addressing public concern through voluntary measures such as a ban on front-of-shirt logos, starting in 2026. - Guardian
Thursday newspaper round-up: JLR, electric cars, Royal Mail
(Sharecast News) - Rachel Reeves is pushing for the UK's tax and spending watchdog to upgrade its national growth forecasts to reflect the economic boost Labour says can be achieved from its blitz of planning reforms. In a development that could open up additional spending headroom for the chancellor before next month's budget, the Treasury has held talks with the Office for Budget Responsibility to try to persuade its officials that unblocking the planning system could drive up growth. - Guardian
Wednesday newspaper round-up: Visa, Caroline Ellison, Brookfield
(Sharecast News) - Business leaders have warned that the government's plans for a major global investment summit are in danger of falling flat, amid growing frustrations over high costs of involvement and its timing two weeks before the budget. As a central plank in Labour's proposals to drive up investment in Britain, the party pledged in the general election campaign to host the summit within the first 100 days of winning power to show that the UK would be "open for business" under a new government. - 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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