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: NHS app, Airbus, Channel 4

(Sharecast News) - The NHS app is collecting and storing facial verification data from UK citizens in a process which has fuelled concerns about transparency and accountability. The data collection is taking place under a contract with a company linked to Tory donors called iProov, awarded by NHS Digital in 2019, which has yet to be published on the government website. - Guardian The culture secretary has reiterated his belief that Channel 4 would benefit from a change of ownership, in the latest indication that the government intends to push ahead with privatisation of the state-owned broadcaster. "I believe that if Channel 4 wants to grow then at some point soon it will need cash," he will tell the Royal Television Society conference in Cambridge on Wednesday. "It can either come on the back of the taxpayer, or it can come from private investment. And it's my strong position - as a point of principle - that I do not believe the borrowing of a commercial TV channel should be underwritten by a granny in Stockport or Southend." - Guardian

Lobbyists in Brussels waged a campaign against the rollout of the Pfizer-BioNTech Covid vaccine by claiming it was insufficiently European, a new book by the jab's inventors has said. Opponents allegedly told politicians last year that they should not order doses of the injection because BioNTech, a German company, had teamed up with US behemoth Pfizer rather than working with another company based in Europe. - Telegraph

Airbus is ready to build a helicopter plant in North Wales to help secure a future contract to replace Britain's ageing Puma fleet. The aerospace giant raised the prospect of the new facility in Broughton, where it already makes wings for Airbus jets. A new factory would create hundreds of jobs and the company said it would tap UK suppliers for parts, further boosting employment. - Telegraph

The chancellor has spoken out in support of private equity taking over British listed companies, saying that the deals signified "good news for our economy". Private equity firms struck more deals in the UK in the first half of the year than during any other comparable period on record, targeting undervalued listed businesses ranging from John Laing, the infrastructure investor, to UDG Healthcare, a provider of services to the pharmaceuticals industry. - The Times

Share this article

Related Sharecast Articles

Thursday newspaper round-up: Sony Music, Royal Mail, house prices
(Sharecast News) - A leading City lobby group is calling on the next government to bring in scams legislation that forces big tech and social media companies to cough up to £40m a year to reimburse customers and fight fraud on their platforms. The demand came in a 'financial services manifesto' released by UK Finance, which represents banks, payments companies and other financial firms. UK Finance and its 300 membershave long complained about having to shoulder the costs of fraud against their customers, despite a surge in the number of scammers targeting consumers through platforms such as Facebook and Google. - Guardian
Wednesday newspaper round-up: Ryan Salame, Ocado, Shell
(Sharecast News) - The next government should force all tradespeople who install home heat pumps, solar panels and insulation to sign up to a mandatory accreditation scheme to counter mistrust in the industry, a leading consumer group is demanding. A report from Which? found that households face "significant anxiety" in choosing tradespeople to fit low-carbon heating systems, such as heat pumps, and insulation after "press stories about poor work and rogue traders". - Guardian
Tuesday newspaper round-up: Ofwat, Facebook, Deutsche Bank
(Sharecast News) - Ofwat is poised to refuse most water companies' requests to ratchet up consumer bills, with some getting as little as half of what they have asked for, the Guardian has learned. The decision from the water watchdog for England and Wales, Ofwat, has been formally delayed until 11 July because of the general election. Its verdict, known as a draft determination, comes amid a growing crisis in the water sector. - Guardian
Sunday newspaper round-up: Natwest, Shein, Nationwide
(Sharecast News) - NatWest may not be selling shares to the public any time soon following the prime minister's decision to call an election on 4 July. The Treasury has said that an offer will not occur during the election period and Labour has not confirmed whether it would revive plans for the sale should it win. The sale had been expected to take place in June. - The Sunday Times

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.