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  • Friday newspaper round-up: Post Office, Rosebank, Carpetright

    Friday 12 Jul 2024

    (Sharecast News) - Labour will miss its target of delivering 1.5m new homes this parliament without an emergency cash injection into the affordable housing sector, providers have warned. Housing associations and councils have written to deputy prime minister, Angela Rayner, saying her promise to deliver "the biggest boost to affordable housing in a generation" will be impossible unless there are urgent interventions to fix the financial pressures providers face. - Guardian

  • Thursday newspaper round-up: Elon Musk, The Body Shop, Telegraph

    Thursday 11 Jul 2024

    (Sharecast News) - Popular trader recommendation websites must vet the firms they advertise and tackle fake reviews under new rules designed to protect households from cowboy builders and tradespeople. Nationally, unscrupulous traders cost homeowners about £1.4bn a year, according to trading standards authorities, a problem that is escalating as demand for home improvements, loft conversions and extensions increases. - Guardian

  • Wednesday newspaper round-up: Four day working week, Post Office, Linklaters

    Wednesday 10 Jul 2024

    (Sharecast News) - Campaigners for a four-day working week are preparing a new pilot project on flexible working in the hope that the Labour government will be more receptive to changes in how people work. The pilot project has opened to companies to sign up for a November start, with findings to be presented to the government in the summer of 2025. - Guardian

  • Tuesday newspaper round-up: Meta, EDF, Tesla

    Tuesday 09 Jul 2024

    (Sharecast News) - Meta has claimed news is not the antidote to misinformation and disinformation spreading on Facebook and Instagram, as the company continues to push back against being forced to pay media companies for news in Australia. Meta announced in March it would not enter into new agreements with media companies to pay for news following the end of contracts signed in 2021 under the Morrison government's news media bargaining code. - Guardian

  • Monday newspaper round-up: Boeing, Tata Steel, Fortress Capital

    Monday 08 Jul 2024

    (Sharecast News) - Boeing will plead guilty to a criminal fraud charge stemming from two deadly crashes of 737 Max jetliners, after the government determined the company violated an agreement that had protected it from prosecution for more than three years, the US the government said in court filing late on Sunday. Federal prosecutors gave Boeing the choice this week of entering a guilty plea and paying a fine as part of its sentence, or facing a trial on the felony criminal charge of conspiracy to defraud the US. - Guardian

  • Sunday newspaper round-up: Starmer, Burberry, Tesla

    Sunday 07 Jul 2024

    (Sharecast News) - Keir Starmer opted to recall senior ministers from the New Labour government to join his team. The experienced hands being installed as non-political ministers include Douglas Alexander, as trade minister, or Jacqui Smith as education minister. Starmer's approach was reminiscent of Gordon Brown's attempt to build a "government of all the talents". - Guardian

  • Friday newspaper round-up: Co-op ad, British Gas, Tata Steel

    Friday 05 Jul 2024

    (Sharecast News) - Publicans have called on the Co-op to pull a "disgraceful" TV advert that urges the supermarket's customers to watch the Euro 2024 football tournament at home rather than going to the pub. The Co-op Food ad says it is hard to see the TV screen in the pub and suggests customers instead "stay in" and take advantage of a beer and pizza deal the supermarket is promoting. - Guardian

  • Thursday newspaper round-up: Post Office, Amazon, UK stocks

    Thursday 04 Jul 2024

    (Sharecast News) - The former chair of the Post Office has expressed "sincere regret" for the state-owned body's failings in the Horizon IT scandal and said it was a mistake not to show a key report on the problem to its board. Tim Parker, who was chair of the Post Office between 2015 and 2022, told a judge-led public inquiry that he felt "deep sympathy" for the Post Office operatives affected by what MPs have described as one of the biggest miscarriages of justice in UK history. - Guardian

  • Wednesday newspaper round-up: Private rents, M&S, Hipgnosis

    Wednesday 03 Jul 2024

    (Sharecast News) - Average private rents in Great Britain have climbed to record highs, prompting a call for the next government to prioritise measures to help create an extra 120,000 rental properties. Data shows that the typical advertised rent outside London reached a record £1,316 a calendar month in May, the property website Rightmove said. The figure for London was £2,652 a month - almost three times the £894 asked for in north-east England. - Guardian

  • Tuesday newspaper round-up: Inflation, Thames Water, Randox

    Tuesday 02 Jul 2024

    (Sharecast News) - Britain's next government is poised to benefit from easing pressure on household finances after a slowdown in inflation in stores and a fall in fuel prices, but costs remain "too expensive" for many families. Figures from the British Retail Consortium (BRC) show that annual UK shop price inflation cooled last month to 0.2%, down from 0.6% in May - the slowest pace since October 2021 - as retailers cut the prices of many of their key products, including butter and coffee. - Guardian

  • Monday newspaper round-up: Investment bankers, energy price cap, Raspberry Pi

    Monday 01 Jul 2024

    (Sharecast News) - London's investment bankers are expected to rake in bigger bonuses this financial year, as the City begins to recover from a two-year slump in deals caused by surging interest rates. Demand for investment banking services - such as facilitating mergers and acquisitions, advising companies and governments on fundraising, and underwriting new stock and bonds - was hit by a sharp increase in borrowing rates after the pandemic, as central banks acted to tame runaway inflation. Jobs and pay were cut as investment banks sought to reduce costs. - Guardian

  • Sunday newspaper round-up: Britvic, Prices of UK homes, BT Group

    Sunday 30 Jun 2024

    (Sharecast News) - Aviva, one of the ten largest shareholders in Britvic, thinks that Carlsberg needs to raise its takeover offer. During the preceding week, Britvic had let it be known that it had already rebuffed two acquisition offers from the Danish brewer, the highest of which had been for £3.1bn. In particular, Aviva said that Carlsberg was not taking sufficiently into account how Britvic's finances were expected to improve over the next few years. - The Financial Mail on Sunday

  • Friday newspaper round-up: Port Talbot, Elon Musk, Amazon

    Friday 28 Jun 2024

    (Sharecast News) - Tata Steel has told workers it could to cease operations at its steel plant in Port Talbot months earlier than planned because of a strike. The company had been planning to shut down one of the blast furnaces by the end of June and the second one by September. But workers at the south Wales site have been told that Tata plans to cease operations at both furnaces no later than 7 July because of the strike by members of Unite, which starts the following day. - Guardian

  • Thursday newspaper round-up: Betting advertising, Ferrari, Mike Ashley

    Thursday 27 Jun 2024

    (Sharecast News) - The UK's current trade deal with the EU is not working and the country must stop "walking on eggshells" around the issue of building closer ties with its biggest trading partner, the director general of the British Chambers of Commerce (BCC) is expected to say. At the annual BCC global conference in London on Thursday, Shevaun Haviland will say that the UK must forge closer ties with the EU and the next government should focus on improving trading relations to grow the economy. - Guardian

  • Wednesday newspaper round-up: Post Office, Aston Martin, Stellantis UK

    Wednesday 26 Jun 2024

    (Sharecast News) - The UK needs a system for recording misuse and malfunctions in artificial intelligence or ministers risk being unaware of alarming incidents involving the technology, according to a report. The next government should create a system for logging incidents involving AI in public services and should consider building a central hub for collating AI-related episodes across the UK, said the Centre for Long-Term Resilience (CLTR), a thinktank. - Guardian

  • Tuesday newspaper round-up: Energy suppliers, Boeing, Thames Water

    Tuesday 25 Jun 2024

    (Sharecast News) - EDF, Utilita and British Gas have been named as the worst energy suppliers for customer service, as research shows industry standards have slipped sharply. Citizens Advice said customer service ratings across the industry were among the lowest ever between January and March and average ratings had fallen by 10.5% compared with the same period in 2021. - Guardian

  • Monday newspaper round-up: John Lewis, heat pumps, THG

    Monday 24 Jun 2024

    (Sharecast News) - The outgoing chair of John Lewis has insisted that the retail group is "back on track" and "more fit for the future" with an improving financial position enabling it to spend money refurbishing Waitrose supermarkets and opening convenience stores. Sharon White, who will retire as chair of the John Lewis Partnership in September, said the upmarket Waitrose brand was "underrepresented in convenience" as it sought new avenues of growth. - Guardian

  • Sunday newspaper round-up: Revolut, Brexit, Chinese subsidies

    Sunday 23 Jun 2024

    (Sharecast News) - Revolut is aiming for a £32bn at an upcoming share sale. If it succeeds the fintech start-up's valuation would surpass that of NatWest. According to the Financial Times, the firm is looking to sell approximately £395m in order to finance its expansion. - The Financial Mail on Sunday

  • Friday newspaper round-up: Royal Mail, council tax, GSK

    Friday 21 Jun 2024

    (Sharecast News) - The owner of Royal Mail is facing a near £900m class action claim over accusations it abused its "dominant position" in the market for sending out bulk mail, including bank statements and weekly magazines. International Distribution Services (IDS) has been served with an £878m action by a newly formed company that said it represents an estimated 290,000 customers who claim they were overcharged as a result of Royal Mail's behaviour. - Guardian

  • Thursday newspaper round-up: Amazon, Chinese carmakers, Asos

    Thursday 20 Jun 2024

    (Sharecast News) - Labour's plans for ending Britain's long-term economic stagnation have been backed by a group of leading economists, including three Nobel prize winners and a former Bank of England deputy governor. In a boost to the shadow chancellor, Rachel Reeves, the 16 UK and internationally based economists said change was "desperately needed" after the policy mistakes and failures of the past 14 years since the Conservatives took power. - Guardian

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