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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: Greensill, BT, Dazn

(Sharecast News) - The Premier League's pledge to scrap betting adverts on football shirts will not protect children from a "bombardment" of gambling advertising, according to a report by MPs that also raises concerns about the pace of reform to the industry. MPs on the select committee for culture, media and sport criticised the government for failing to take a more "precautionary approach" to gambling promotion, setting out their concerns in a 76-page report published on Thursday. - Guardian The Labour party has called on David Cameron to release all details of his involvement in the Greensill lobbying scandal. Sir Laurie Magnus, Rishi Sunak's adviser on ministerial interests, has also been asked to explain whether investigations into the foreign secretary's former employer will be formally declared. - Guardian

Warner Bros and Paramount have opened discussions about a $38bn (£30bn) merger that would bring together two of Hollywood's "Big Five" studios. David Zaslaw, the chief executive of Warner Bros Discovery, met Bob Bakish, the boss of Paramount Global, in New York this week to discuss a possible combination of the two companies, online news website Axios reported. - Telegraph

BT is scrambling to rip Huawei equipment out of its network before the end of the year to avoid hefty fines. The telecoms giant still has not removed all kit made by the controversial Chinese company from its "core" network, with just 11 days left before a government-imposed deadline of December 31. - Telegraph

Heavy losses at Dazn have almost halved as the sports streaming provider battles to tip the balance between the enormous costs of sports rights and selling enough subscriptions. In latest results published at Companies House, Dazn reported a total loss of $1.26 billion for the year to the end of December 2022, sharply reduced from the $2.18 billion loss it made in 2021. - The Times

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Friday newspaper round-up: Bank branches, mortgages, Northern Rock
(Sharecast News) - The number of UK bank branches that have shut their doors for good over the last nine years will pass 6,000 on Friday, and by the end of the year the pace of closures may leave 33 parliamentary constituencies - including two in London - without a single branch. The tally is being published by the consumer group Which? as it seeks to make the "avalanche" of closures and the "disastrous" impact they can have on local communities an election battleground. - Guardian
Thursday newspaper round-up: JCB, M&S, smart meters
(Sharecast News) - The British digger maker JCB, owned by the billionaire Bamford family, continued to build and supply equipment for the Russian market months after saying it had stopped exports because of Vladimir Putin's invasion of Ukraine, the Guardian can reveal. Russian customs records show that JCB, whose owners are major donors to the Conservative party, continued to make new products available for Russian dealers well after 2 March 2022, when the company publicly stated that it had "voluntarily paused exports" to Russia. - Guardian
Wednesday newspaper round-up: Brexit border outages, Boeing, Stellantis
(Sharecast News) - Lorries carrying perishable food and plants from the EU are being held for up to 20 hours at the UK's busiest Brexit border post as failures with the government's IT systems delay imports entering Britain. Businesses have described the government's new border control checks as a "disaster" after IT outages led to lorries carrying meat, cheese and cut flowers being held for long periods, reducing the shelf life of their goods and prompting retailers to reject some orders. - Guardian
Tuesday newspaper round-up: Tesco, OpenAI, housebuilding
(Sharecast News) - Tesco is facing criticism from "shocked" charities who say they are struggling to distribute unwanted food to homeless and hungry people after they claim the retailer brought in rules that mean unwanted food can only be collected in the evening. The supermarket group has switched to a new system which asks charities to pick up unwanted food, such as items reaching their best before date, only in the evening when a store is closing rather than the following morning, the charities have claimed. - 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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