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Wednesday newspaper round-up: Rolls-Royce, Amazon, Arm

(Sharecast News) - Reusing and repairing household goods, from washing machines to phones, and recycling throwaway consumer items such as plastic bottles, could create hundreds of thousands of green jobs across the UK, a thinktank has found. The UK creates thousands of tonnes of unnecessary waste each year, some of which is still exported, because of a failure to value resources and invest in the infrastructure needed to re-purpose manufactured goods. - Guardian Workers feel under pressure to disguise their mental health struggles from colleagues despite feeling less able to cope than they did before the pandemic, according to research released as the government advocates a return to the workplace. About half (51%) of respondents to a survey said they felt under pressure to put on a brave face at work, while four in 10 said they felt less resilient since the Covid crisis struck. - Guardian

Britain has taken a crucial step towards creating a fleet of mini reactors that would reduce reliance on Chinese money and nuclear technology after Rolls-Royce secured investment to build the world's first production line. A consortium led by the FTSE 100 engineer has secured at least £210m needed to unlock a matching amount of taxpayer funding, which will make it the first "small modular reactors" (SMR) developer to submit its designs to regulators. - Telegraph

Amazon has cut back its Cambridge drone delivery project, shooting down hopes of airborne package drop-offs in the near future. The US technology giant has reportedly slashed up to 100 staff at its Prime Air division, many of them in Cambridge, where the online retailer has been testing unmanned drone deliveries from a secret airfield. - Telegraph

The $40 billion takeover of Britain's most valuable technology business was thrown into doubt last night amid speculation that the government is thinking of blocking the deal on national security grounds. Last September it was announced that Arm, the Cambridge-based microchip designer, was being sold to Nvidia as part of the American chipmaker's push to capitalise on the booming market for semiconductors. - The Times

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Tuesday newspaper round-up: Gambling customers, student loan repayments, Russian bankruptcies
(Sharecast News) - The Scottish government is about to consider a sweeping moratorium on building new datacentres, putting a key plank of the UK's AI strategy at risk. Last Sunday the Scottish National party (SNP)'s national council passed a motion to freeze all new datacentres in Scotland. That motion has been sent to the Scottish government to consider. It could apply to all datacentre projects that have not yet received planning permission - although its exact implementation is up to the Scottish government to decide. - Guardian
Monday newspaper round-up: Affordable housing, mobile coverage, unemployment
(Sharecast News) - Half of all affordable housing supply in rural England could be under threat under plans being considered by ministers to relax regulations for private housing developers, according to analysis. The government has proposed ending affordable housing quotas - known as section 106 agreements - for new developments of between 10 and 49 houses in an effort to jumpstart sluggish housebuilding rates. Ministers are due to make a final decision within weeks on whether developers should be allowed to make cash payments to local authorities instead. - Guardian
Friday newspaper round-up: Ineos, EG Group, Hill Group
(Sharecast News) - The boss of Currys has said supplies of air conditioning and fans are "tight" ahead of another UK heatwave, expected next week, after a boom in sales sent retailers scrambling to source new stock. Alex Baldock, chief executive of the electrical goods retailer, said cooling kit had been "flying off the shelves" during June's record heat in England. Sales of fans were up nearly 3,000% over the most recent heatwave weekend compared with a week earlier, while air conditioning sales increased 330%. - Guardian
Thursday newspaper round-up: EU car industry, Getty Images-Shutterstock, United Utilities
(Sharecast News) - The EU's car industry has called for the UK to be fully included in new "made in Europe" rules that threaten to shut out British manufacturers from their biggest export market. The European Automobile Manufacturers Association (Acea) on Wednesday urged Brussels to give the UK, Turkey and Morocco "justified, targeted exemptions" to the rules, which will require cars and parts to be made within the EU to qualify for subsidies or public procurement. - Guardian

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