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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.

Wednesday newspaper round-up: Twitter, Bulb Energy, Frasers

(Sharecast News) - Elon Musk has indicated that a verified account on Twitter in the future could cost $8 a month, despite facing a user backlash over proposals to charge for the feature. The new owner of Twitter described the current system for allocating blue check marks - which verify a user as a trustworthy source - as "bullshit" in a Twitter post to his more than 110 million followers on Tuesday. - Guardian The founder of Octopus Energy has said taxpayers need to benefit from the "upside" of emergency government bailout deals, after snapping up stricken former rival Bulb. Greg Jackson's Octopus bought Bulb out of government-handled special administration last weekend and is set to take control of the company later this month, a year after it collapsed. - Guardian

Britain's work from home boom has passed its peak, according to new data that reveals bosses are ditching remote job adverts and hauling employees back into the office. The jobs site LinkedIn said that remote adverts declined for a fifth straight month in September as power shifts back to employers, mirroring trends in Europe and the US. - Telegraph

Frasers is at the heart of a scrum for ownership of the Wasps rugby stadium in Coventry, as part of Mike Ashley's plan to make the city his new stronghold. Insiders said last night that Frasers is intensifying efforts to acquire the 32,609-seater Coventry Building Society Arena (CBS), which filed notice of its intention to appoint administrators two weeks ago. - Telegraph

A quarter of over-50s who suffered from ill health were forced to leave their jobs as a result, research shows. Twenty-four per cent of people whose work had been affected by a health condition went into early retirement and a further 19 per cent reduced their working hours, according to a nationally representative poll of 2,035 over-50s by YouGov. - The Times

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Thursday newspaper round-up: Sony Music, Royal Mail, house prices
(Sharecast News) - A leading City lobby group is calling on the next government to bring in scams legislation that forces big tech and social media companies to cough up to £40m a year to reimburse customers and fight fraud on their platforms. The demand came in a 'financial services manifesto' released by UK Finance, which represents banks, payments companies and other financial firms. UK Finance and its 300 membershave long complained about having to shoulder the costs of fraud against their customers, despite a surge in the number of scammers targeting consumers through platforms such as Facebook and Google. - Guardian
Wednesday newspaper round-up: Ryan Salame, Ocado, Shell
(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
Tuesday newspaper round-up: Ofwat, Facebook, Deutsche Bank
(Sharecast News) - Ofwat is poised to refuse most water companies' requests to ratchet up consumer bills, with some getting as little as half of what they have asked for, the Guardian has learned. The decision from the water watchdog for England and Wales, Ofwat, has been formally delayed until 11 July because of the general election. Its verdict, known as a draft determination, comes amid a growing crisis in the water sector. - Guardian
Sunday newspaper round-up: Natwest, Shein, Nationwide
(Sharecast News) - NatWest may not be selling shares to the public any time soon following the prime minister's decision to call an election on 4 July. The Treasury has said that an offer will not occur during the election period and Labour has not confirmed whether it would revive plans for the sale should it win. The sale had been expected to take place in June. - The Sunday Times

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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