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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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Thursday newspaper round-up: Jeff Bezos, JLR, OpenAI
(Sharecast News) - Rachel Reeves is to promise free summer bus rides for children and cut tariffs on some food imports, as part of a package of measures aimed at easing the costs of the Iran conflict. The chancellor will give a statement in the House of Commons on Thursday, outlining her latest plans for cushioning the blow to consumers from an expected rise in inflation later this year. - Guardian
Wednesday newspaper round-up: Shell, Berkeley, Deutsche Bank
(Sharecast News) - The cost of the government's £38bn nuclear plant in Suffolk is subject to "significant uncertainty" and may outweigh the benefits for UK households until at least 2064, according to the government's spending watchdog. The National Audit Office (NAO) has warned that although the potential benefits of the Sizewell C nuclear plant are considerable, they remain uncertain. The risks, however, are "immediate, substantial and borne by the public". - Guardian
Tuesday newspaper round-up: Thames Water, Elon Musk, youth unemployment
(Sharecast News) - A rescue deal for Thames Water is under threat because of a potential change in prime minister, government insiders have said. Ministers are negotiating a takeover deal for the stricken water company with a consortium of creditors led by American investment firm Elliott Management. But government sources said that deal, which some expected to be concluded this month, has run into problems in part because of the uncertainty surrounding Keir Starmer's position as prime minister. - Guardian
Monday newspaper round-up: Thames Water, NCP, EY, property taxes
(Sharecast News) - The worsening fallout from the Iran war is forcing businesses to halt their UK investment and hiring plans, bosses have warned, as Britain enters a renewed period of political and economic instability. More than two months into the US-Israeli war on Iran, leading surveys of UK employers showed companies were increasingly prioritising cost management over growth as rising costs and global uncertainty weigh on confidence. - 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.