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Tuesday newspaper round-up: NatWest, working from home, Tripledot

(Sharecast News) - NatWest has become the first bank in 2022 to announce it will close some of its outlets as customers shun branches for mobile banking. The high street lender will shut 32 branches across its NatWest and Royal Bank of Scotland brands in England and Wales over the next year. - Guardian

The major buy now, pay later companies Clearpay, Klarna, Laybuy and Openpay have agreed to change "potentially unfair and unclear" terms and conditions after an intervention from the financial regulator. The Financial Conduct Authority (FCA) said it was able to use consumer law to enforce the changes. However, the regulator acknowledged that it was still lacking the powers to regulate the sector to the same standard as other consumer credit companies. - Guardian

Working from home was more expensive than going to the office for one in five workers last month, as rising household bills undermined the financial benefits of avoiding the commute. The largest proportion of respondents to an Office for National Statistics survey - almost half - said working from home still offered savings on their pre-pandemic lifestyle. - Telegraph

One of Britain's fastest-growing technology companies has secured $116 million in investment in a deal that gives it a "unicorn" valuation of $1.4 billion. The London-based Tripledot Studios, which makes smartphone games such as Woodoku, a woodblock-style puzzle, said that it would use the funds to develop titles and acquire rival studios. - The Times

An "urban miner" that recycles metals for reuse in electric vehicle batteries is preparing to list in London. Neometals, which is already listed in Australia with a valuation of about £400 million, is seeking a dual-listing on Aim, London's junior stock market. Chris Reed, its chief executive, described Neometals as a "new-age urban miner", adding: "We're like the Wombles, making good use of the things that we find. Just think of me as Orinoco." - 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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