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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: GFG Alliance, Apple, FinnCap, M&S

Fri 19 Nov 2021 07:26

(Sharecast News) - Sanjeev Gupta's GFG Alliance has sold two aluminium parts factories after Jaguar Land Rover (JLR) stepped in to secure a vital part of its supply chain. Evtec, an automotive supplier based in Coventry, will take over Liberty Aluminium Technologies casting plants in Coventry and Kidderminster in the West Midlands, saving 170 jobs. However, GFG is closing a site in Witham, Essex, with the loss of 64 jobs. - Guardian Apple is stepping up its plans to enter the car market and aims to launch a self-driving electric vehicle in 2025, according to a report. The tech company's much-rumoured automotive project has bolstered its ambitions under new leadership and is pushing for a fully self-driving vehicle with no steering wheel or pedals, said Bloomberg. The car's interior would be designed for hands-off driving, with one possible design featuring passengers sitting around a U-shaped seating formation. - Guardian

Zia Chishti, the founder of Princess Beatrice's technology company Afiniti, resigned on Thursday night two days after a former employee accused him of violent sexual assault. Following a crunch board meeting, directors said Mr Chishti had "stepped down from his role as chairman, chief executive officer, and director of Afiniti, effective immediately". - Telegraph

A City broker will offer unlimited paid time off in an effort to help its staff to avoid burnout. FinnCap has set out the plan for its 155 employees to try to make a significant improvement to working conditions and in recognition of heightened demands from clients because of volatile capital markets, Bloomberg reported. - The Times

The chairman of Marks & Spencer warned that trade in Northern Ireland could become an "operational nightmare" and that the burden of red tape would be increased by concessions from Brussels. Archie Norman has written to Lord Frost, the Cabinet Office minister, saying that European Commission plans could result in "worsening friction and cost and a high level of ambiguity and scope for dispute". - The Times

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(Sharecast News) - A government minister has defended long delays to a military spending plan that are also stalling the UK's next-generation Tempest fighter jet programme, but refused to say when it will be complete. The defence investment plan (DIP), originally expected last autumn, has faced repeated postponements amid warnings that the military faces a £28bn funding gap over the next four years. - Guardian
Wed 04 Feb 2026 07:30
Wednesday newspaper round-up: Migration, women in tech, mini-nukes
(Sharecast News) - The UK economy would be 3.6% smaller by 2040 if net migration fell to zero, forcing the government to raise taxes to combat a much bigger budget deficit, a thinktank has predicted. The National Institute of Economic and Social Research (NIESR) said falling birthrates in the UK and a sharp decrease in net migration last year had led it to consider what would happen if this trend continued to the end of the decade. - Guardian
Tue 03 Feb 2026 07:16
Tuesday newspaper round-up: Riverford, US investment, Publicis
(Sharecast News) - Consumers searching for healthy food from trusted sources have fuelled the UK organic market's biggest boom in two decades, according to vegetable box seller Riverford. The delivery business, which sells meat, cheese, cookbooks and recipe boxes alongside vegetables, recorded a 6% increase in sales to £117m in the year to May 2025, as the UK organic food and drink market grew by almost 9% in that year, according to new figures from the Soil Association. The strong growth, significantly outpacing the wider food market, helped the employee-owned business give a £1.1m bonus to workers. - Guardian
Tue 03 Feb 2026 07:16
Tuesday newspaper round-up: Riverford, US investment, Publicis
(Sharecast News) - Consumers searching for healthy food from trusted sources have fuelled the UK organic market's biggest boom in two decades, according to vegetable box seller Riverford. The delivery business, which sells meat, cheese, cookbooks and recipe boxes alongside vegetables, recorded a 6% increase in sales to £117m in the year to May 2025, as the UK organic food and drink market grew by almost 9% in that year, according to new figures from the Soil Association. The strong growth, significantly outpacing the wider food market, helped the employee-owned business give a £1.1m bonus to workers. - 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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