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Friday newspaper round-up: Butchers, contactless limit, energy providers

(Sharecast News) - The government has stepped in to counter a spiralling crisis on pig farms by allowing butchers to enter the UK on temporary visas, in the latest reversal of post-Brexit immigration policy. Butchers in abattoirs and meat processing plants dealing with pigs will be allowed to come to work in Britain for six months, the environment secretary, George Eustice, announced on Thursday evening. He said 800 butchers were needed to meet staffing shortages and get the situation under control. - Guardian People in the UK using contactless cards will be able spend up to £100 a time from Friday after the limit on payments was more than doubled. At the start of the pandemic the cap was increased to £45 to reduce the need for customers to handle cards and cash because of concerns about the virus being transmitted via surfaces. - Guardian

Energy providers have been accused of increasing households' monthly direct debit payments in a breach of industry rules as they battle to survive surging power costs. Citizens Advice is calling for action by Ofgem, the energy watchdog, after being contacted by a string of consumers hit with an unexpectedly high payment increase over the past few weeks. One household's bills almost doubled to £117 a month, it said. - Telegraph

Britain's biggest haulage lobbying group has been frozen out of meetings with ministers following claims it is biased against Brexit and deliberately sparked last month's fuel crisis. As businesses battle a national shortage of lorry drivers, relations between the Road Haulage Association (RHA) and the Government have entered a "deep freeze", sources said. - Telegraph

GlaxoSmithKline is embroiled in a row with an activist investor after it called for the replacement of the drugs group's chairman and chief executive. Sir Jonathan Symonds, GSK's chairman, replied to Bluebell's partners on Wednesday, two days after Bluebell sent its critical letter, saying that it was "disappointed" with the investor's account of a shareholder meeting hosted by the Investor Forum on Thursday last week to discuss the separation of GSK's consumer healthcare division. - 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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