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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: BAE Systems, National Grid, Wilko

Fri 01 Sep 2023 07:32

(Sharecast News) - The British defence company BAE Systems is setting up a local entity in Ukraine and has signed deals with its government to help ramp up its supply of weapons and equipment. BAE said it would work directly with Kyiv to explore potential partners for a plan to ultimately produce 105mm light artillery guns in Ukraine and to better understand Ukraine's requirements. - Guardian The National Grid has confirmed it will pay households to cut their electricity usage again this winter as part of efforts to keep Britain's lights on. From November to March, households and businesses will be called on to curb their power usage - by signing up to the so-called demand flexibility service - when the grid is particularly stretched. - Telegraph

Emmanuel Macron's Government has accused Unilever, Nestle and Pepsico of refusing to pass lower costs on to families as Paris battles to control double-digit food inflation. Bruno Le Maire, France's finance minister, singled out the multinationals for criticism as he promised measures to "definitively break the price spiral". - Telegraph

The Canadian tycoon behind HMV was last night finalising a deal to buy the majority of Wilko, the collapsed British homewares retailer. Administrators confirmed that Doug Putman, 39, whose family also owns Toys 'R' Us in Canada, had made an offer for 300 of Wilko's 400 stores, which would secure between 8,000 and 9,000 jobs out of the 12,500 total. - The Times

Potential bidders for the Telegraph newspapers plan to question Goldman Sachs, which is overseeing an auction of the business, over the ownership of a website name seen as crucial to plans for expansion overseas. Telegraph Media Group is understood to have been seeking for years to buy the domain name Telegraph.com, which at present redirects to a page hosting links to various news and advertising sites. It has no connection to the newspapers' official site, Telegraph.co.uk. - The Times

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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
Wed 24 Jun 2026 07:20
Wednesday newspaper round-up: WH Smith, card payments, BBC News
(Sharecast News) - Small suppliers including the charity Help for Heroes are to lose at least half the money owed to them by the former WH Smith high street chain if a planned restructure is voted through this week. The books to paperclips retailer, which has 450 stores, was bought by the private equity firm Modella Capital last year and rebranded TG Jones. It has said it is likely that it will have to call in administrators if creditors, including shop landlords, do not approve an amended restructuring plan, seen by the Guardian, designed to cut costs in a vote on Wednesday. - Guardian
Tue 23 Jun 2026 07:10
Tuesday newspaper round-up: Rail passengers, Lime, BoE
(Sharecast News) - Rail passengers have been told to attempt to travel only if "absolutely essential" and check trains are running, with extreme heat expected to disrupt services around Britain. Temperatures are forecast to rise to 37C across most of southern England and Wales over the next three days, and potentially to 40C in the most affected areas. Intercity trains from London to Birmingham, Manchester and beyond are expected to be among the worst affected. - Guardian
Mon 22 Jun 2026 07:11
Monday newspaper round-up: Tech companies, Pennon, David Lloyd gyms
(Sharecast News) - Leave-voting areas have seen faster relative growth in foreign workers since the Brexit referendum, a Guardian investigation has found. Data analysis suggests that the decade since the Brexit vote may not have matched the expectations of many Leave supporters, showing their local areas have also become relatively more deprived over the same period. - Guardian

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