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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: Telecoms, TikTok, loo rolls

(Sharecast News) - The UK advertising watchdog has launched an investigation into whether telecoms companies are misleading consumers about inflation-busting bill increases when promoting deals in their marketing campaigns. Telecoms companies make billions of pounds annually by instituting price rises to mobile and broadband bills midway through contract periods - increases that will add to the biggest squeeze on the cost of living facing households in generations. - Guardian Big oil and gas companies are spending tens of millions publicising their environmental work, while only about a 10th of their investment goes into low-carbon development, a report claims. A comprehensive study of public communications from five oil and gas firms by InfluenceMap, a climate finance thinktank, found that 60% of the publicity made at least one claim highlighting the companies' positive climate actions. But on average, the five companies devoted only 12% of capital expenditure to low-carbon activities - and this included some gas projects. - Guardian

TikTok is a "tool of espionage" for the Chinese communist party that should be outlawed by the West, the chief executive of German publishing giant Axel Springer has claimed. Mathias Dopfner says his business has resisted working with TikTok because he fears sensitive personal data will be shared with the government in Beijing. - Telegraph

The price of lavatory paper has jumped 15pc in a year despite rolls being shortened by up to 8pc, making for some of the sharpest inflation in a weekly shop. The figure is an average of increases across supermarkets revealed by analysis for The Telegraph by Trolley.co.uk, a shopping comparison website. The figures are based on a survey of different brands and package sizes. - Telegraph

If you want to travel by train from London to Manchester in the next few weeks - good luck. A visit to the website of Avanti West Coast, the train company that runs intercity express services from Euston to Birmingham, Manchester and Glasgow, does not inspire confidence. It has cut the number of trains to the main destinations on the line from three an hour to one and warns that services are still subject to last-minute cancellation. Ticket sales from next Wednesday to Sunday have been suspended entirely because of looming industrial action. - 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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