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: Rolls-Royce Motor Cars, Shein, JPMorgan Chase

(Sharecast News) - The UK's advertising watchdog has banned a campaign by an online investment company predominantly targeting Muslims that featured images of euros and US dollars and the words "The United States of America" in flames alongside a call to "join the money revolution". Wahed Invest Ltd, an online investment platform, ran six posters on various Transport for London (TfL) services, including the London Underground and on buses, last September and October. - Guardian

Rolls-Royce Motor Cars has said it will invest £300m in expanding its Goodwood factory in West Sussex to meet the growing demand for bespoke upgrades, after the luxury carmaker recorded its third-highest annual sales in 2024. The investment will extend the luxury carmaker's manufacturing facility as it gradually moves away from V12 petrol engines to battery electric vehicles, as well as increasing its capacity to fulfil the whims of some of the world's richest people. - Guardian

An overtime ban at Britain's aviation regulator could delay aircraft upgrades, the Prospect union claimed, including a revamp of first-class cabins at British Airways. Prospect said 360 members employed by the Civil Aviation Authority (CAA) will begin a work-to-rule on January 20 in protest against the public body imposing a 3-4pc pay rise. - Telegraph

Shein's London float has been thrown into further doubt after it was accused by MPs of behaviour that "bordered on contempt" by repeatedly refusing to answer questions over the origins of its cotton sourcing. The Chinese-founded fast-fashion giant, which is hoping to list in the UK this year, was summoned by parliament to provide evidence to the business and trade select committee on Tuesday after concerns over labour practices in its supply chain. - The Times

JPMorgan Chase is planning to order all its staff back to the office five days a week, in the latest crackdown on hybrid working policies introduced during the pandemic. America's biggest bank, which employs more than 300,000 people worldwide and about 22,000 in the UK, is preparing to end remote working for thousands of staff. - The Times

Share this article

Related Sharecast Articles

Monday newspaper round-up: TikTok, London salaries, Airbus
(Sharecast News) - TikTok said on Sunday that it was restoring services in the US after Donald Trump pledged earlier in the day to give the video app a reprieve on its US ban. Trump wrote on Truth Social that after taking office on Monday he would sign an executive order allowing the Chinese-owned video app additional time to find a buyer before facing a total shutdown, and proposing that the US or an American firm take a 50% ownership stake. - Guardian
Friday newspaper round-up: Pint prices, Nissan, SpaceX
(Sharecast News) - Rachel Reeves's tax raid on employers will push up the price of a pint, the boss of pub chain Young's has warned. Simon Dodd, the chief executive, said Young's plans to increase prices between 3pc and 3.5pc because of the increased cost of National Insurance (NI) contributions paid by employers, which comes into effect from April. - Telegraph
Thursday newspaper round-up: Nuclear fusion, BT, Dyson
(Sharecast News) - The UK government has promised a record £410m investment in nuclear fusion which could help construct a world-leading fusion power project on the site of an old coal plant in Nottinghamshire. Ministers hope the funding, which will be made available for the coming financial year, will support the rapid development of the UK fusion energy sector and deliver "a future powered by limitless clean energy". - Guardian
Wednesday newspaper round-up: Funeral costs, Frasers Group, KKR
(Sharecast News) - The "cost of dying" has hit a record high, prompting growing numbers of grieving UK families to turn to crowdfunding or sell possessions to help pay for a funeral, according to a report. The average cost of a basic funeral has increased by 3.5% in a year to hit an "all-time high" of £4,285, according to the insurer SunLife, which has been monitoring UK funeral costs for two decades. - 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.

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.