Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
Sunday newspaper round-up: BT Group, Aston Martin, MPs
(Sharecast News) - BT has intensified its preparations to see off a possible takeover bid by its major shareholder Deutsche Telekom. For months now, the telecoms services provider had been working with Robey Warshaw and Goldman Sachs to prepare against such a scenario. Speculation in that regard was reaching a crescendo both in the City and within the sector, due to BT's need to invest £15bn in its new fibre-optic broadband network and multiple potentially destabilising factors. - The Sunday Telegraph
Aston Martin's decision to team up with Lucid Motors is but the latest move by Saudi to grow its economic influence in the UK. Indeed, Lucid's majority owner, Saudi's Public Investment Fund, was already the second-largest investor in Aston Martin, holding a 18% stake worth approximately £450m. PIH also has holdings in Carnival and in 2021 took over Newcastle United. The moves come amid a drive by the UK government to agree free-trade deal with the Gulf Cooperation Council. - The Financial Mail on Sunday
There are over 50 MPs who own stakes in publicly listed firms, raising questions regarding possible conflicts of interest. Under parliamentary rules, the shareholdings, including those of former PM Theresa May or former education secretary Gavin Williamson, did not need to be publicly disclosed in parliamentary registers. Among the companies now held by MPs were Barclays, HSBC, BP and Sainsbury's. Such companies could be impacted by laws or news policies introduced by Parliament. A spokesperson for May said she entirely rejected any suggestion that she broke any of the rules regarding shares in BT held by her husband. - Guardian
Fintech outfit Revolut was reportedly the target of an £18m by criminals who targetted a flaw in its US payments system. The Financial Times reported that the funds were stolen over the course of several months in 2022 before Revolut was able to close the loophole. The company, which has been pursuing a UK banking licence, was dealt another setback in March, when auditor BDO said three quarters of its revenues could not be verified and might have been misstated. - The Financial Mail on Sunday
Share this article
Related Sharecast Articles
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.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity and Inclusion | Doing Business with Fidelity | Fidelity gender pay report | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Security | Statutory and Regulatory disclosures | Whistleblowing policy
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
