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
Wednesday newspaper round-up: BT Group, Water bills, CAB Payments
(Sharecast News) - The telecoms regulator has issued a warning to the chief executive of BT over his comments that the group's Openreach network expansion would "end in tears" for rivals and has opened an investigation into its performance. Ofcom said Philip Jansen's comments were of "significant concern" and that it "would be extremely concerned to see similar comments in future and will be keeping this under close review". - The Times Water companies are drawing up plans to increase household bills by up to 40 per cent to pay for the cost of tackling the sewage crisis and the consequences of climate change. In a move that has alarmed ministers, England's privatised utilities said that they needed the extra money to meet strict pollution targets. - The Times
Britain's financial technology sector received a double boost as payments firm Wise said its profits have more than trebled, while another confirmed plans to list on the London Stock Exchange next week. Wise, which specialises in international money transfers, posted a profit of £146.5million for the year to the end of March, up from £43.9million in 2022. And CAB Payments revealed that its shares would list on the London market next Thursday with a projected value of around £851million. - Daily Mail
Britain risks missing out on more than £100bn worth of electric car production, unless ministers use "every policy, every fiscal and regulatory lever" to compete with the EU, automotive chiefs have said. Industry leaders warned over the cliff-edge faced by looming post-Brexit tariffs on electric vehicles, saying ministers needed to urgently improve science education and secure tax-free deals to avoid a drop-off. - Daily Telegraph
Boots, Britain's biggest high street chemist, is to pull down the shutters on 300 shops over the next year as part of a cost-cutting drive by its American owner. The company will reduce its estate from 2,200 to about 1,900 stores amid speculation that the business could be put up for sale. - 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.
