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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.

Tuesday newspaper round-up: Brompton, TG Jones, housebuilders

Tue 30 Jun 2026 07:18

(Sharecast News) - The French sports gear retailer Decathlon and a Chinese investment group that was an early backer of Labubu soft toys have bought stakes in the British folding bike maker Brompton, as its boss said the cycling market was recovering from a slump in sales. Decathlon has acquired a 10% stake in the manufacturer while BA Capital has bought 5% in a deal understood to collectively be worth about £18m. - Guardian All-night slot machine shops and casinos could face a £460m tax rise if Andy Burnham acts on his concerns about the gambling industry as prime minister, after an influential thinktank found the policy would have public support. Known by some in the gambling sector as "slot sheds", adult gaming centres (AGCs) have flooded UK high streets in recent years, disproportionately targeting economically deprived areas. - Guardian

WH Smith's former high-street business is on the brink of insolvency after a judge delayed ruling on its restructuring plan. TG Jones, which formerly traded as WH Smith on the high street, warned it would struggle to pay millions of pounds in bills due on Tuesday after Mr Justice Hildeyard said he needed more time to decide the complex case. The delay threatens to push the retailer to the brink of collapse, putting around 480 stores across Britain and 5,000 jobs at risk. - Telegraph

Labour is poised to legalise pavement delivery robots despite concerns about the safety of pedestrians. Transport ministers will consult on plans to allow the autonomous machines, which can deliver takeaways and groceries, to travel along pavements at up to 4mph - faster than the average walking speed of 3mph. - Telegraph

Seven of the country's largest building companies face a £4.5 billion class action over claims that alleged anti-competitive practices resulted in higher prices for homebuyers. The claim is being led by Mark McLaren, a former legal affairs manager at the consumer group Which?, against Barratt Redrow, Bellway, The Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and the Vistry Group. - The Times

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Mon 29 Jun 2026 07:00
Monday newspaper round-up: Chipmakers, HS2, Revolut
(Sharecast News) - Shares in chipmakers have surged in the first half of this year as investors piled into companies that make the hardware underpinning the AI boom, according to analysis. Investors have driven up the value of semiconductor and memory chip manufacturers, whose profits have soared during 2026, at the expense of some large software companies, which have fallen out of favour this year. - Guardian
Fri 26 Jun 2026 07:17
Friday newspaper round-up: Crown estate, UK food and drink exports, Ocado
(Sharecast News) - King Charles's property management company has made more than £1bn for the third consecutive year thanks to the boom in offshore windfarms paid for through energy bills. The crown estate, the royals' portfolio of land and property, reported £1.2bn in profit for the last financial year, almost three times the amount it made three years ago. Two-thirds came from the offshore wind industry. - Guardian
Thu 25 Jun 2026 07:20
Thursday newspaper round-up: UK graduates, Andy Burnham, Micron Technology
(Sharecast News) - Great Britain's grid operator is expected to pay millions to fire up gas power plants to avoid a rare summer power supply crunch on Wednesday evening as extreme heat puts pressure on the energy system. The National Energy System Operator (Neso) is expected to pay about £10m on Wednesday to secure enough electricity to meet demand as households turn on air conditioners and electric fans, according to industry data. - Guardian

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