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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: P&O Cruises, John Lewis, Telegraph

(Sharecast News) - P&O Cruises and fellow cruise firm Cunard have made provision to fire and rehire more than 900 UK-based crew unless they accept salary cuts and more flexible working arrangements. The affected crew include officers on the British flagship, the luxury ocean liner Queen Mary 2, and nine other ships operated under Carnival UK, which is part of the $18bn-listed Carnival group. - Guardian John Lewis is to team up with Covid testing firm Randox Health to open clinics within its shops in the latest effort to draw in customers amid tough trading conditions. The clinics, which will be run by Randox staff, will offer full-body health checks including tests for vitamin deficiencies, hormone imbalances and key health concerns, among other services. - Guardian

The Armed Forces should be empowered to buy more foreign weapons to save money, a think tank has said. The Ministry of Defence should take more bids from foreign weapons contractors and get private companies to manage jobs like housing troops, the Institute of Economic Affairs (IEA) has said. - Telegraph

The UK's competition watchdog has been ordered by ministers to support business and economic growth and speed up its decision-making processes following criticism over its handling of Microsoft's $69 billion bid for Activision Blizzard. In a perceived rap over the knuckles for the Competition and Markets Authority (CMA), the government told the regulator in a "strategic steer" that it needed to realise the importance of "minimising the burdens on businesses" that were engaging with it. - The Times

Sultan Ahmed al-Jaber is not named on the website of the Abu Dhabi fund bidding for the Telegraph titles and his Wikipedia page contains no reference to his role in shaping the country's censorship regime. Al-Jaber is, however, poised to become a prominent figure in UK media as chairman of International Media Investors (IMI) and led his nation's censorship agency for five years. The boss of the United Arab Emirates' state oil company - who is now heading the Cop28 climate talks - has been accused by human rights activists of overseeing laws against free expression. Amnesty International criticised him for "exercising strict control over local and international media" as chairman of the National Media Council between 2015 and 2020. During that time, a popular Dubai website was banned for reporting on the liquidation of failed property projects. - The Times

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Thursday newspaper round-up: JCB, M&S, smart meters
(Sharecast News) - The British digger maker JCB, owned by the billionaire Bamford family, continued to build and supply equipment for the Russian market months after saying it had stopped exports because of Vladimir Putin's invasion of Ukraine, the Guardian can reveal. Russian customs records show that JCB, whose owners are major donors to the Conservative party, continued to make new products available for Russian dealers well after 2 March 2022, when the company publicly stated that it had "voluntarily paused exports" to Russia. - Guardian
Wednesday newspaper round-up: Brexit border outages, Boeing, Stellantis
(Sharecast News) - Lorries carrying perishable food and plants from the EU are being held for up to 20 hours at the UK's busiest Brexit border post as failures with the government's IT systems delay imports entering Britain. Businesses have described the government's new border control checks as a "disaster" after IT outages led to lorries carrying meat, cheese and cut flowers being held for long periods, reducing the shelf life of their goods and prompting retailers to reject some orders. - Guardian
Tuesday newspaper round-up: Tesco, OpenAI, housebuilding
(Sharecast News) - Tesco is facing criticism from "shocked" charities who say they are struggling to distribute unwanted food to homeless and hungry people after they claim the retailer brought in rules that mean unwanted food can only be collected in the evening. The supermarket group has switched to a new system which asks charities to pick up unwanted food, such as items reaching their best before date, only in the evening when a store is closing rather than the following morning, the charities have claimed. - Guardian
Monday newspaper round-up: BT, ultra-long mortgages, Fever-Tree
(Sharecast News) - BT has said it is increasingly using artificial intelligence to help it detect and neutralise threats from hackers targeting business customers amid repeated attacks on companies. The £10.5bn group is aiming to build up its business protecting customers from online criminals and has patented technology that uses AI to analyse attack data to allow companies to protect their tech infrastructure. British businesses are routinely facing hacking attempts, and some recent high-profile victims have included including the outsourcer Capita, Royal Mail and British Airways. - 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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