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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.

Tuesday newspaper round-up: Haulage industry, William Hill, Facebook

(Sharecast News) - The haulage industry has urged Boris Johnson to step up "lacklustre" efforts to tackle a shortage of 100,000 HGV drivers, telling him to act now on supply chains or face a Christmas crisis. Bosses of multiple trade bodies and businesses in the trucking and food industries have written to the prime minister saying not enough had been done to resolve the crisis and urging him to intervene personally. - Guardian William Hill has been accused of deploying "cynical" tactics to keep people gambling after the bookmaker launched an in-store cafe selling hot food, with some items cheaper than at McDonald's. At one branch of the bookmaker in the Arndale shopping centre in central Manchester signage advertised a "WH Cafe", selling meal deals, burgers and breakfast. - Guardian

Facebook has warned that its growth will slow down dramatically in the coming months amid iPhone privacy changes, a further blow to the embattled social network as it wrestles with a whistleblower scandal. The social media giant said revenues had grown by 35pc in the third quarter of the year to $29bn (£21bn), a marked slowdown on the 56pc growth in the previous three months. - Telegraph

Policymakers should wait to judge the impact of the end of the furlough scheme before raising interest rates, a ratesetter at the Bank of England said. Silvana Tenreyro, an external member of the monetary policy committee, said that policymakers should assess official data showing how well the labour market coped after the coronavirus job retention scheme closed at the end of September. - The Times

A cryptocurrency company is to buy the Gibraltar Stock Exchange, which will enable investors to buy crypto, debt and equities on the same bourse. Valereum Blockchain, which aims to link fiat currencies - government-issued money not backed by a commodity, such as sterling or US dollar - to cryptocurrencies, has signed an option to buy 80 per cent of the exchange. - The Times

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Sunday newspaper round-up: Panama Canal, Warhammer, Thames Water
(Sharecast News) - Donald Trump is asking that the Panama Canal be returned to the US unless Panama addresses his criticism of how the waterway is managed. In a post on social media platform Truth Social, Trump described the current arrangement as a complete 'rip-off' which will "immediately stop". He also warned against that the key interoceanic route would not be allowed to fall into the "wrong hands". He also appeared to caution against possible Chinese influence in the canal. - Guardian
Friday newspaper round-up: Aldi, Richard Desmond, Collateral
(Sharecast News) - The grocery industry watchdog is to make a rare intervention in a Yorkshire sprout grower's £3.7m legal case against Aldi over the discount chain's decision to terminate a long-term supply deal. In papers filed at the high court, W Clappison Ltd, which produced sprouts for Aldi's UK arm for 13 years, said its supply agreement was ended in February last year at planting time without reasonable notice so it was unable to find new clients immediately. It said it was forced to cease sprout production and sell off its machinery. - Guardian
Friday newspaper round-up: Aldi, Richard Desmond, Collateral
(Sharecast News) - The grocery industry watchdog is to make a rare intervention in a Yorkshire sprout grower's £3.7m legal case against Aldi over the discount chain's decision to terminate a long-term supply deal. In papers filed at the high court, W Clappison Ltd, which produced sprouts for Aldi's UK arm for 13 years, said its supply agreement was ended in February last year at planting time without reasonable notice so it was unable to find new clients immediately. It said it was forced to cease sprout production and sell off its machinery. - Guardian
Thursday newspaper round-up: Water bills, Brexit, Imperial Brands
(Sharecast News) - Households in England and Wales will see their water bills rise by an average of £31 a year, as suppliers pay to fix leaky pipes and cut pollution. The industry regulator Ofwat said on Thursday it would allow companies to raise average bills will rise by £157 over five years to an average of £597 by 2030 to help pay for investment. - 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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