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.

Wednesday newspaper round-up: Self-checkout, Indivior, Amanda Staveley

(Sharecast News) - Cross-Channel ferry operators will be required to pay their crew at least £9.95 an hour after France implemented a new minimum wage law aimed at preventing the exploitation of seafarers. The move comes two years after P&O Ferries caused outrage on both sides of the Channel by sacking almost 800 workers and replacing them with low-cost crew. - Guardian The chancellor, Jeremy Hunt, has suggested a general election could be held in October. Speaking in the House of Lords, Hunt said the Treasury would need time to push through a review of Whitehall budgets before next spring, making an October date the last time when an election would be possible. "This particular spending review has to be completed before next April, when the next financial year starts. And if the general election is in October, that will mean it's very, very tight," he said. - Guardian

On the shop floor of supermarkets there is one shoplifting tactic which has become so commonplace, staff have given it its own name. The "banana trick" consists of putting an item through a self-checkout as a cheap fruit or vegetable product and walking out with a much more expensive item. "Best life hack ever," one TikTok user claims in a viral video, joking that they managed to get a TV and Playstation through a self-service checkout by logging them as grapes or bananas. - Telegraph

A top-ten shareholder in Indivior - and one of the City's biggest institutional investors - is unlikely to oppose the drug company's plans to move its primary listing to the United States. Indivior, which specialises in treatments for substance abuse disorders and serious mental illnesses, said last month that it is to consult shareholders about making the switch from the London Stock Exchange to Nasdaq. - The Times

Amanda Staveley, the co-owner of Newcastle United football club, has claimed she was threatened with violence by a shipping tycoon she believes has "illegal" links to Iran. Staveley, 50, appeared at court on Tuesday in an attempt to throw out a bankruptcy claim bought by Victor Restis, who says he is owed £37 million. She appeared to become emotional when the judge was told Restis took advantage of her Huntington's disease, an inherited brain disorder, which affected her judgment in her dealings with him. - 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.