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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: Anglesey power station, electric cars, Eurostar passengers

(Sharecast News) - Ministers have earmarked north Wales as the site of a large-scale nuclear power plant, which is part of plans to resuscitate Britain's nuclear power ambitions. Wylfa on Anglesey (Ynys Môn) has been named as the preferred site for the UK's third major nuclear power plant in a generation, coming after EDF's Hinkley Point C nuclear plant, which is under construction in Somerset, and its Sizewell C nuclear project planned for Suffolk. - Guardian Hybrid and electric cars are more likely to strike pedestrians than petrol or diesel vehicles, particularly in towns and cities, according to an analysis of British road traffic accidents. Data from 32bn miles of battery-powered car travel and 3tn miles of petrol and diesel car trips showed that mile-for-mile electric and hybrid cars were twice as likely to hit pedestrians than fossil fuel-powered cars, and three times more likely to do so in urban areas. - Guardian

A bank boss who earns £3.3m a year has admitted he only took the job on condition that he was allowed to work from home. Mike Regnier, the chief executive of Britain's fifth-largest lender Santander UK, said he was convinced to accept the role after the bank allowed him to work out of the office most of the time. The 52-year-old spends up to two days a week working in the bank's main offices in Milton Keynes and London, and the rest of the week from his home in Harrogate, North Yorkshire, or travelling the country. - Telegraph

Eurostar passengers at St Pancras station will be forced to negotiate a five-step check-in process under strict new EU rules, providing their fingerprints and a mugshot twice and answering a series of questions on the nature of their trip. People planning to travel through the Channel Tunnel will be sent a guide to the new system as soon as they book, including a flow chart and checklist detailing each stage of the process and explaining why it is being implemented. - Telegraph

The seaside resorts of Bournemouth, Sidmouth and Bexhill-on-Sea have been identified as among the fastest-growing engines of small-scale British enterprise. Traditionally better known for their holidays and beaches, the towns are attracting a new generation of entrepreneurs. Analysis of digital data by GoDaddy, the website hosting company, found that Suffolk Coastal, which includes Felixstowe, saw the density of microbusinesses increase by 54 per cent in the 12 months until April. That is more than ten times the average UK growth rate of 5 per cent. - The Times

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Wednesday newspaper round-up: Post Office, Spirit AeroSystems, Flutter
(Sharecast News) - The Post Office is expected to announce the closure of dozens of branches and cut up to 1,000 head office jobs as it seeks to reduce costs to secure its financial future. There are about 11,500 Post Office branches across the UK, of which 115 are wholly centrally owned. The rest are operated by independent post office operators under contract and partners such as WH Smith and Tesco. - Guardian
Tuesday newspaper round-up: Bluesky, British Steel, FRC
(Sharecast News) - Social media platform Bluesky has picked up more than 700,000 new users in the week since the US election, as users seek to escape misinformation and offensive posts on X. The influx, largely from North America and the UK, has helped Bluesky reach 14.5 million users worldwide, up from 9 million in September, the company said. - Guardian
Monday newspaper round-up: Hospitality, wind generation, Vertical Aerospace
(Sharecast News) - Great Britain "lags behind" Europe on measures to restrict betting adverts, according to a report released days after official data showed a sharp increase in the number of children with a gambling problem. Restrictions on ads by bookmakers and casinos are increasingly becoming "the norm" across Europe in response to public health concerns, according to a report commissioned by GambleAware, the UK's leading gambling charity. - Guardian
Friday newspaper round-up: AI, Bentley, News Corp
(Sharecast News) - Dozens of health and children's groups have urged ministers to tackle obesity by imposing taxes on foods containing too much salt or sugar. New levies based on the sugar tax on soft drinks would make it easier for consumers to eat more healthily by forcing food manufacturers to reformulate their products, they claim. - 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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