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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: Unilever, Together Energy, Royal Mail

(Sharecast News) - Unilever has been warned that buying GlaxoSmithKline's consumer products arm is likely to substantially swell its debt pile and could trigger a "multi-notch downgrade" to its credit rating. Ratings agency Fitch said Unilever would not be able to keep hold of its current A rating with a stable outlook beyond 2024-2025, and would be cut to BBB, if it were to acquire GSK's consumer products division or another large business. - Guardian Together Energy has become the latest supplier to go bust weeks after the struggling council-owned company assured its customers that the business was stable despite record-high gas market prices. The energy regulator, Ofgem, will appoint a new supplier to take on the 176,000 households affected by the collapse of Together Energy, and its subsidiary Bristol Energy, which are part-owned by Warrington borough council. - Guardian

A data intelligence firm partly owned by an influential Tory backbencher has won a government contract to monitor foreign takeovers of British companies, under new laws to curb Chinese and Russian influence. Tom Tugendhat, the chairman of the foreign affairs select committee, is a shareholder in Business Funding Research Ltd, which trades as Beauhurst. - Telegraph

Letters and parcel deliveries are subject to unprecedented delays as Royal Mail struggles with thousands of staff absences, demand for Covid-19 tests and a deluge of Christmas returns. Around 15,000 - or one in seven - of the postal service's workers were sick or isolating as the omicron variant spread in the first week of January. The figure still stood at 13,000 last week, double the normal level for this time of year. - Telegraph

A luxury penthouse flat on the edge of Regent's Park in London is at the centre of a $131 million legal battle between Barclays and the tycoon behind two FTSE 350 companies that collapsed amid a fraud scandal. The property off Prince Albert Road is among assets belonging to Bavaguthu Raghuram Shetty, the founder of NMC Health and Finablr, over which the bank has been granted a worldwide freezing and asset disclosure order. - The Times

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Sunday newspaper round-up: Debt interest, Autumn Budget, RC Fornax
(Sharecast News) - Rachel Reeves has been left facing a £50bn bill as a result of higher debt interest payments following a rout in the bond market. And City exports caution that the bill could keep climbing. Hence, the Chancellor may soon have to choose between either bending her own fiscal rules, enacting tax increases or cutting spending. The rout has seen the tiny £10bn buffer left by Reeves to meet her main fiscal rule, which requires that tax revenues cover day-to-day expenditures, evaporate. - The Financial Mail on Sunday
Friday newspaper round-up: Energy bills, ticket touting, BlackRock
(Sharecast News) - The number of people in England and Wales who sought help with energy bills jumped by 20% last year, according to Citizens Advice, which assisted 60,000 households struggling with the soaring cost of gas and electricity. That number was double the figure for 2020, the national consumer advice charity said, with problems with billing being the single most common type of issue raised with its service providers. - Guardian
Thursday newspaper round-up: Job vacancies, civil servants, Darktrace
(Sharecast News) - Vacancies for permanent jobs in the UK declined at their fastest pace for four years last month, according to a new survey that adds to the gloomy economic mood. Amid febrile markets and weak economic data, the monthly jobs report from the consultancy KPMG and the recruitment firm REC shows many firms reluctant to hire. - Guardian
Wednesday newspaper round-up: Rolls-Royce Motor Cars, Shein, JPMorgan Chase
(Sharecast News) - The UK's advertising watchdog has banned a campaign by an online investment company predominantly targeting Muslims that featured images of euros and US dollars and the words "The United States of America" in flames alongside a call to "join the money revolution". Wahed Invest Ltd, an online investment platform, ran six posters on various Transport for London (TfL) services, including the London Underground and on buses, last September and October. - 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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