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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.

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

On Monday, nearly 50 years after the company was set up, in Shepherd's Bush, Games Workshop, the maker of the popular Warhammer game, will enter the FTSE 100 index. Helping to clinch its entry into the top-flight index was the recently signed deal with Amazon to bring its Warhammer 40,000 universe to film and TV. - The Financial Mail on Sunday

Thames Water is facing a possible default on its debt despite a £3bn lifeline from its most senior creditors which in the works, ratings agency S&P Global said. The cut the outlook on the company's debt to negative and said that it would downgrade Thames Water's debt rating to D if the High Court approved the bailout the next year. Critics argue that the proposed rescue will saddle the company with over £300m in finance costs due to the high interest rates that the debt carries. - The Sunday Telegraph

Aviva is rushing to close its £3.6bn takeover of smaller rival Direct Line ahead of the Christmas Day deadline set by the Takeover Panel. Aviva has the option of applying for an extension to the deadline but thinking in the City is that it would rather close the transaction now. Should the terms be agreed, Aviva would become the country's second-largest car insurer behind rival Admiral and strengthen its position as the largest home insurer. - The Sunday 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
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(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
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(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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