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
Tuesday newspaper round-up: Evergrande, travel industry, travel chaos
(Sharecast News) - Property giant China Evergrande Group has said that it cannot sell properties and other assets fast enough to service its massive $300bn debts, and that its cashflow was under "tremendous pressure". Only hours after angry investors besieged its Shenzhen headquarters and the company denied it was set for bankruptcy, Evergrande issued a statement to the Hong Kong stock exchange saying that a significant drop in sales would continue this month, which was likely to further deteriorate its liquidity and cash flow. - Guardian The travel industry has called for ministers to tear up the UK's Covid traffic light and PCR testing rules as figures reveal their "devastating impact" on overseas flights and holiday bookings in peak season. Bookings for holidays abroad this summer were down 83% on 2019, according to data from the Travel Association (ABTA), with half of travel companies reporting no increase in bookings compared with last summer, despite the vaccination programme. - Guardian
Heathrow will have no rail or Tube services on Boxing Day, leaving passengers facing the prospect of travel chaos on one of the busiest days of the year for the airport. Network Rail and Transport for London (TfL) are planning engineering works, The Telegraph can disclose, meaning passengers will only be able to get to the airport by car or coach. - Telegraph
MPs have accused the insolvency profession of operating like the "Wild West" after an inquiry found evidence of alleged widespread misconduct including "intimidation", "deception" and "misappropriation of assets". The all-party parliamentary group on fair business banking said that it had received "startling" evidence about the profession this year in response to prominent failures and complaints. - The Times
The world's biggest retailer was at the centre of an elaborate hoax yesterday seemingly aimed at manipulating the price of a cryptocurrency. A press release purportedly from Walmart claimed that it would allow customers to pay for purchases online using litecoin from next month. - The Times
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.
