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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: 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 Households will be called on to boost their consumption of Great Britain's record renewable energy this summer to help balance the power grid and lower energy bills. Under the new plans, people could be encouraged to run dishwashers and washing machines or charge up their electric vehicles when there is more wind and solar power than the electricity grid needs. - Guardian

Anthropic has released the first AI model capable of hacking IT networks, an online UK safety watchdog has warned. The Artificial Intelligence Security Institute (AISI), a government-backed research lab, has sounded the alarm over Anthropic's new Claude Mythos model after discovering it can autonomously carry out advanced cyberattacks. After a round of testing on the model, the AISI found that the newly developed AI chatbot can launch "multi-step" attacks that would take a human professional hacker days. - Telegraph

Hundreds of Hollywood stars have come out against Paramount's takeover of Warner Bros, claiming the deal to hand control of the studio to supporters of Donald Trump will hurt democracy. Actors, including Jane Fonda, Glenn Close and Ben Stiller, have signed their names on an open letter expressing "unequivocal opposition" to the tie-up, arguing that competition is "essential for a healthy economy and a healthy democracy". - Telegraph

Mortgage volatility is now greater than after Liz Truss's mini-budget, as lenders pull their products at a record speed. Brokers said that homeowners faced "mayhem" when looking to borrow or lock in a new rate because the average shelf-life of mortgage products had fallen to a record low of eight days. - The Times

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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
Friday newspaper round-up: Tata battery factory, tech firms, UK tax rules
(Sharecast News) - The Somerset battery factory due to supply Jaguar Land Rover is to receive £380m in UK government funding as it pushes ahead with construction despite delays. JLR, Britain's largest automotive employer, is due to receive batteries from the site to make electric versions of its Range Rover and Jaguar models. The Indian conglomerate Tata owns JLR and the electric vehicle (EV) battery factory under its Agratas subsidiary. - Guardian
Thursday newspaper round-up: Subsidised energy, John Lewis boss, Anthropic
(Sharecast News) - In order to cut rising bills all UK households should receive a minimum amount of energy at rates subsidised by the government through North Sea taxes, a thinktank has suggested. Providing all homes with enough energy to heat two rooms, provide hot water and run key appliances such as a fridge and washing machine, at rates frozen at current levels, would require a subsidy of about £4.5bn, according to the New Economics Foundation. - 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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