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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: UK farmers, Total, Royal Mail

(Sharecast News) - UK farmers are receiving negligible profits for many items as food prices rise and supermarkets boast record takings. An average block of cheese or loaf of bread produces less than a penny for farmers, and fruit producers do not fare much better, making just 3p from each kilo of apples. - Guardian French oil giant TotalEnergies has become the first major North Sea operator to cut investment as a direct result of Rishi Sunak's windfall tax. The €157bn (£134bn) company is to reduce planned spending on new wells by a quarter next year as the levy forces drilling businesses to reexamine their plans. - Telegraph

Royal Mail has accused striking staff of assault and intimidation against workers crossing the picket line as the dispute between the two sides becomes increasingly bitter. One person was headbutted while some employees were followed and filmed, according to claims made by the company as strikes entered their fifth month. - Telegraph

The former head of the competition regulator is set to take a job at a US consultancy where he will advise on anti-trust issues. Andrea Coscelli, who stepped down as chief executive of the Competition and Markets Authority in July after six years, will set up a new London office as co-head in Europe of Keystone Strategy. - The Times

Britain's third-biggest cinema chain is ready to swoop on a rival in a "huge consolidation play" ahead of a possible stock market flotation. Tim Richards, who founded Vue International in 1999, confirmed the company was ready to take advantage of any opportunities that presented themselves as speculation mounts that Cineworld could be broken up. - The Times

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Tuesday newspaper round-up: Trump tariffs, TikTok, Barbour family
(Sharecast News) - A new cargo and passenger ferry service directly linking Scotland and France could launch later this year as the port of Dunkirk embarks on a €40bn (£35bn) regeneration programme it claims will mirror the second world war resilience for which it is famed. The plans could include a new service between Rosyth in Fife and Dunkirk, eight years after the last freight ferries linked Scotland to mainland Europe, and 16 years after passenger services stopped. - Guardian
Monday newspaper round-up: Wind power, JLR, business rates, Heathrow
(Sharecast News) - The UK and nine other European countries have agreed to build an offshore wind power grid in the North Sea in a landmark pact to turn the ageing oil basin into a "clean energy reservoir". The countries will build windfarms at sea that directly connect to multiple nations through high-voltage subsea cables, under plans that are expected to provide 100GW of offshore wind power, or enough electricity capacity to power 143m homes. - Guardian
Friday newspaper round-up: JPMorgan Chase, Apple, Nigel Farage
(Sharecast News) - Donald Trump has sued JPMorgan Chase and its CEO, Jamie Dimon, for at least $5bn after accusing America's largest bank of "debanking" him. The US president alleged that the bank stopped offering him banking services in the wake of the Capitol riot on January 6. Earlier this month, he claimed it had "incorrectly and inappropriately" discriminated against him. - Guardian
Thursday newspaper round-up: AI, BBC, KPMG
(Sharecast News) - Jamie Dimon, the boss of JP Morgan, has said artificial intelligence "may go too fast for society" and cause "civil unrest" unless governments and business support displaced workers. While advances in AI will have huge benefits, from increasing productivity to curing diseases, the technology may need to be phased in to "save society", he said. - 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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