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: Women bosses, Swedish inflation, Odey

(Sharecast News) - UK businesses have improved female representation on their boards, research shows, but two-fifths of FTSE 100 firms still do not have a woman in one of their top four executive roles. The proportion of women on the boards of the 585 FTSE all-share listed companies has risen over the past year from 36% to 40%, according to the analysis of Companies House data. - Guardian

Beyoncé has been blamed for keeping inflation stubbornly high in Sweden after more than 40,000 fans flocked to Stockholm last month to watch the singer begin her world tour. Economists said the artist, who launched her Renaissance tour in the Swedish capital with two sold-out concerts, helped to drive a surge in hotel and accommodation costs. - Telegraph

An influential group of MPs has ordered the City watchdog to reveal the extent of its investigation into Odey Asset Management following "deeply troubling" allegations made against the firm's founder. In a letter to bosses at the Financial Conduct Authority (FCA), Harriett Baldwin, chairman of the Treasury committee, called for the regulator to disclose more information about its oversight of the scandal-hit hedge fund. - Telegraph

Dawood Pervez says tongue-in-cheek that Britain's thousands of local convenience stores are as beloved as the country's pubs and bridleways but he's deadly serious in his commitment to promote and protect the wholesale network that supports them. The Old Etonian, and a lawyer by training, is the son of Sir Anwar Pervez, the immigrant founder of Bestway, Britain's second-biggest wholesaler after Tesco's Booker. - The Times

Equity finance provision for small and medium-sized companies fell sharply in the second half of last year as venture capital firms responded to economic strife and a sell-off in technology stocks, according to the government's economic development agency. A report by the British Business Bank said that 2022 was a tale of "two halves", with a record level of investment in businesses in the first two quarters. However, concerns about potential overvaluations, a lack of sale opportunities and rising interest rates and inflation caused a 47 per cent reduction in investment in the second half of the year compared with the first. - The Times

Share this article

Related Sharecast Articles

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.

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.