Skip Header
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.

Thursday newspaper round-up: Greensill, BT, Dazn

(Sharecast News) - The Premier League's pledge to scrap betting adverts on football shirts will not protect children from a "bombardment" of gambling advertising, according to a report by MPs that also raises concerns about the pace of reform to the industry. MPs on the select committee for culture, media and sport criticised the government for failing to take a more "precautionary approach" to gambling promotion, setting out their concerns in a 76-page report published on Thursday. - Guardian The Labour party has called on David Cameron to release all details of his involvement in the Greensill lobbying scandal. Sir Laurie Magnus, Rishi Sunak's adviser on ministerial interests, has also been asked to explain whether investigations into the foreign secretary's former employer will be formally declared. - Guardian

Warner Bros and Paramount have opened discussions about a $38bn (£30bn) merger that would bring together two of Hollywood's "Big Five" studios. David Zaslaw, the chief executive of Warner Bros Discovery, met Bob Bakish, the boss of Paramount Global, in New York this week to discuss a possible combination of the two companies, online news website Axios reported. - Telegraph

BT is scrambling to rip Huawei equipment out of its network before the end of the year to avoid hefty fines. The telecoms giant still has not removed all kit made by the controversial Chinese company from its "core" network, with just 11 days left before a government-imposed deadline of December 31. - Telegraph

Heavy losses at Dazn have almost halved as the sports streaming provider battles to tip the balance between the enormous costs of sports rights and selling enough subscriptions. In latest results published at Companies House, Dazn reported a total loss of $1.26 billion for the year to the end of December 2022, sharply reduced from the $2.18 billion loss it made in 2021. - The Times

Share this article

Related Sharecast Articles

Thursday newspaper round-up: Mike Lynch, smart meters, Very Group
(Sharecast News) - San Francisco federal courthouse on Thursday as a key witness in his own criminal fraud trial, which began in March. US authorities have charged the former software tycoon with 16 counts of wire fraud, securities fraud and conspiracy relating to his company's acquisition deal with Hewlett-Packard in 2011. If convicted, Lynch faces up to 25 years in prison. He has pleaded not guilty. - Guardian
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
Tuesday newspaper round-up: New homes, AI, Mike Ashley
(Sharecast News) - A Labour government would aim to announce the sites for a series of new towns within a year of taking office, with the promise that homes would be built in them by the end of a first term, Angela Rayner is to say in a speech. Giving more detail to a plan first outlined in Keir Starmer's party conference speech in October, Rayner will tell a housing conference that Labour will strongly support private developers who create high-quality and affordable housing. - Guardian
Monday newspaper round-up: Border checks, house prices, apprenticeships
(Sharecast News) - Post-Brexit border checks will cost UK businesses £470m a year, the government's public spending watchdog has said. Plans to bring in border checks on goods coming from the EU faced "significant issues" including critical shortages of inspectors before their introduction last month, the National Audit Office said in a report. - 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.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.