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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.

Friday newspaper round-up: Netflix, Amazon, rental market

(Sharecast News) - Netflix has mistakenly launched a set of guidelines for cracking down on password sharing to global users. The streaming service said the guidelines being trialled in Chile, Peru and Costa Rica had been posted accidentally across its help centre pages including in the US on Wednesday, but had since been taken down. - Guardian The Bank of England has sounded the alarm over a worsening crisis in the rental market as high taxes and red tape forces landlords to sell up. In its Monetary Policy Report published on Thursday, the Bank said demand for rental properties has continued to outstrip supply as "the number of landlords choosing to exit the market increased". - Telegraph

Amazon has fallen to its worst ever annual loss and Apple's iPhone sales slumped over Christmas, fuelling fears of a painful correction in the tech sector. The online retail giant posted record festive revenues, but fell to a $2.7bn annual loss, its worst since it went public in 1997 and its first full-year loss since 2014. The online retailer posted revenues of $149.2bn, up 8.6pc, in the three months ending in December, buoyed by its internet services division. - Telegraph

The lack of a national strategy to secure supply chains for semiconductors is "an act of national self-harm", the chairman of the Commons' business select committee has warned. Darren Jones said the government had to act swiftly to keep up with the United States, the European Union and Japan, each of which is putting tens of billions of dollars into fostering homegrown supplies of the critical electronic components. - The Times

The chief executive of NatWest has bowed to pressure from MPs and will appear before the Treasury select committee to answer questions on savings rates, having initially refused to attend. Dame Alison Rose will attend with executives from Lloyds, Barclays and HSBC after she had turned down an invitation to explain why banks had been slow to pass on the Bank of England's recent base rate rises to savers. - The Times

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Sunday newspaper round-up: Hargreaves Lansdown, Crest Nicholson, Michael Kors
(Sharecast News) - Hargreaves Lansdown's three private equity suitors have until Wednesday to either table a formal bid for the investment platform or walk away. A £4.7bn offer presented in April was rejected. In particular, the bidders have been attracted by the firm's ability to deposit client cash at the Bank of England for a rate of 5.25%, whilst paying just 3% on a cash Isa of up to £10,000. That netted its £269m last year at no risk. - The Financial Mail on Sunday
Sunday share tips: Oxford Instruments
(Sharecast News) - The Financial Mail on Sunday's Midas column labelled shares of Oxford Instruments a "long-term buy".
Friday newspaper round-up: Insecure work, Stellantis, Nationwide
(Sharecast News) - The UK has seen an "explosion" in insecure, low-paid work in the past 14 years, according to a new report. The TUC said its study had found that the number of people in insecure work had reached a record high of 4.1 million. The analysis of official statistics shows the number of people in "precarious" employment - such as zero-hours contracts, low-paid self-employment and casual or seasonal work - increased by nearly 1 million between 2011 and 2023. - Guardian
Thursday newspaper round-up: Revolut, BT Group, housing market
(Sharecast News) - Pensioners and people on disability benefits are the winners from radical changes to the welfare system made by the Tories over the last decade, while working-age families are losing out by thousands of pounds every year, according to a report by the Resolution Foundation. The Conservatives' 14-year overhaul of social security has shifted spending away from children and housing to supporting elderly people, and broken the link between entitlement and need for some of the poorest households in the country, the report says. - 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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