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Tuesday newspaper round-up: Energy bills, ULEZ, Aveva

(Sharecast News) - Jeremy Hunt is facing calls for a "social energy tariff" providing cheaper gas and electricity for low income households to be introduced when government support ends next year. In an open letter to the chancellor, 95 charities and non-profit organisations have urged the government to move quickly to legislate for a change in energy bills for "those in greatest need to ensure they are able to live in their homes comfortably". - Guardian Britain risks losing vital investment if it keeps raising taxes and undermining its reputation as a stable place to do business, global bosses have warned. PwC's annual poll of more than 4,000 chief executives showed the UK climbed one place this year to become the third most important country globally for growth, alongside Germany. - Telegraph

Sadiq Khan has been accused of manipulating a public consultation on expanding London's Ultra-low emission zone (Ulez) after it emerged that more than 5,000 votes were excluded. Emails reveal the Mayor's officials removed thousands of votes submitted to a consultation on whether to expand Ulez across the whole of London. The crackdown on motorists is costing drivers in the capital an additional £385,000 a day in charges, according to RAC. - Telegraph

The boss of Aveva has reiterated that the FTSE 100 technology company will remain autonomous as its controversial £10 billion takeover by France's Schneider Electric was formally sealed. Peter Herweck, chief executive of Aveva, said that the company would continue to work with a variety of partners and control systems. "It is a clear agreement that we have done. We've been very, very clear about it. We will be agnostic," he said. - The Times

The global airline industry will be back at prepandemic levels by the middle of this year. That is the bullish assessment of Avolon, one of the world's largest aircraft leasing companies. The forecast is the most optimistic estimate yet for a recovery in the industry from the Covid-19 travel restrictions of 2020 to 2022. - The Times

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(Sharecast News) - The next government should force all tradespeople who install home heat pumps, solar panels and insulation to sign up to a mandatory accreditation scheme to counter mistrust in the industry, a leading consumer group is demanding. A report from Which? found that households face "significant anxiety" in choosing tradespeople to fit low-carbon heating systems, such as heat pumps, and insulation after "press stories about poor work and rogue traders". - 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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