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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.

Friday newspaper round-up: Amazon, Barclays, Epstein

Fri 06 Feb 2026 07:22

(Sharecast News) - Amazon announced plans to spend $200bn on artificial intelligence and robotics this year, the latest tech giant to vow fresh enormous investments in the artificial intelligence arms race. The news of the investment comes one day after the Washington Post, owned by Amazon founder Jeff Bezos, announced it was cutting approximately a third of employees. - Guardian Barclays has reportedly cut ties with the lobbying firm co-founded by Peter Mandelson, after intense scrutiny of the founders' dealings with the late child sex offender Jeffrey Epstein. Vodafone has also said it is reviewing its contract for public affairs services with Global Counsel, which Mandelson co-founded in 2010 after Labour lost the general election. - Guardian

A barrister has been suspended from one of London's most prestigious legal chambers over links to Jeffrey Epstein. Matthieu de Boisséson has been suspended by Littleton Chambers pending an investigation after he appeared in documents released by the US department of justice (DoJ) related to the paedophile financier. Mr de Boisséson denies any wrongdoing. - Telegraph

Two businessmen charged by the Serious Fraud Office in its investigation into suspected fraud at Safe Hands Plans have been accused of agreeing a "dishonest plan" to take control of the customer trust via the Cayman Islands to "enrich themselves". In a hearing on Thursday at Westminster magistrates' court, Richard Wells, 39, a former director of the pre-paid funeral business's holding company, and Neil Debenham, 43, were alleged to have used trust money to buy luxury £1 million homes. - The Times

Jeffrey Epstein was introduced to Ghislaine Maxwell by her brother Kevin as part of a plan for the paedophile financier to help the Maxwell family "move money", according to a previously undisclosed account of the origins of the scandal. Kevin Maxwell, once Britain's biggest bankrupt, was "instructed to meet Epstein by his father", Robert Maxwell, according to FBI records of conversations with a former business associate of the Maxwells that have been released by the US Department of Justice. - The Times

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Related Sharecast Articles

Thu 16 Apr 2026 07:21
Thursday newspaper round-up: Private rents, NHS drugs, data centre
(Sharecast News) - Average private rents have stopped rising in Great Britain after almost a decade of increases, as more landlords cut their prices to secure a tenant, data shows. The typical advertised private rent outside London for properties coming on to the market remained flat at £1,370 a calendar month in the first three months of 2026, according to the property website Rightmove. It is the first time since 2017 that rents have not increased in the first three months of a year compared with levels at the end of the previous year. - Guardian
Wed 15 Apr 2026 07:11
Wednesday newspaper round-up: Lidl and Iceland, Help to Buy, shadow banking
(Sharecast News) - Lidl and Iceland have become the first companies to have ads banned after the introduction of rules cracking down on the marketing of junk food in the UK. The Advertising Standards Authority (ASA) has been policing the ban on ads featuring junk food on TV before 9pm, and in paid online advertising at any time of the day, since 5 January. - Guardian
Tue 14 Apr 2026 07:19
Tuesday newspaper round-up: HS2 trains, renewable energy, Anthropic
(Sharecast News) - Plans to change the size of HS2 trains to maximise capacity are likely to inflate costs and mean fewer seats and slower services north of Birmingham, a senior government and rail industry figure has warned. The £2bn order for 54 high-speed trains, to be built in Britain by a joint venture of Alstom and Hitachi, is under review as HS2 Ltd seeks to cut costs and renegotiate contracts. - Guardian
Mon 13 Apr 2026 07:10
Monday newspaper round-up: Electric cars, Richard Caring, Starbucks
(Sharecast News) - Ministers are planning to fundamentally reshape Britain's relationship with the European Union, with new legislation that could result in the UK signing up to EU single market rules without a normal parliamentary vote. In a major development in the prime minister's push for closer ties with the continent after the Iran war, the Guardian understands ministers are bracing to face down opposition to "dynamic alignment" with the EU from those who "scream treason" over the powers in a new EU-UK reset bill. - 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.

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