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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

(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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Thursday newspaper round-up: Self-driving taxis, ENRC, Barclays
(Sharecast News) - Andy Burnham moved to calm volatile bond markets on Wednesday as surging borrowing costs threatened to wreck plans for his government's crucial first budget next month. After a days-long sell-off of government bonds - and with the chancellor, John Healey, facing the prospect of sharply reduced spending power, Burnham used his first appearance at prime minister's questions to promise decisions would be "grounded in fiscal responsibility". - Guardian
Wednesday newspaper round-up: defence spending, LSEG, Sports Direct
(Sharecast News) - The chancellor, John Healey, must be prepared to raise taxes for middle earners if he wants to fund significantly higher defence spending, the Resolution Foundation thinktank has said. Healey resigned from Keir Starmer's government in June, protesting against what he argued was the then prime minister's failure to adequately fund defence. - Guardian
Monday newspaper round-up: House prices, German economy, ChatGPT, Capita
(Sharecast News) - A house near a top state secondary school costs an extra £40,000 on average, according to research that reveals education premiums that rank alongside some private school fees. The average property in a postcode district that includes a top 50 state secondary commands a price tag of £415,791, compared with £375,217 across the wider local authority areas in which those schools are located, a UK-wide analysis by the estate agent Yopa found. - Guardian
Friday newspaper round-up: Anthropic, BBC, crypto investors
(Sharecast News) - A clampdown on "rogue bailiffs" has been launched by Andy Burnham amid concerns that vulnerable people are being overcharged and face aggressive behaviour. In the latest in a series of "everyday fixes" to ease the cost of living and "make Britain fairer", the prime minister said he was strengthening the rules that apply to bailiffs in England and Wales to better protect people in debt. He also announced measures to target "cowboy" tradespeople, including builders who rip off homeowners. - 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.