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Monday newspaper round-up: Affordable housing, mobile coverage, unemployment

(Sharecast News) - Half of all affordable housing supply in rural England could be under threat under plans being considered by ministers to relax regulations for private housing developers, according to analysis. The government has proposed ending affordable housing quotas - known as section 106 agreements - for new developments of between 10 and 49 houses in an effort to jumpstart sluggish housebuilding rates. Ministers are due to make a final decision within weeks on whether developers should be allowed to make cash payments to local authorities instead. - Guardian British holidaymakers watching online videos while they sit on a European beach this summer are likely to be pleasantly surprised: the signal should be better than at home. Mobile coverage in the UK is worse than in any of the 27 EU member countries, and every other member of the G7 group of large economies, according to analysis by consumer group Which? of data from Opensignal. - Guardian

As political turbulence buffets No 10, the expansion plans of one of Britain's biggest manufacturing businesses are at growing risk of being blown off course. Rolls-Royce, the £120bn aerospace giant, fears that Labour's leadership turmoil will ground its £3bn bid to build engines for the best-selling short-haul passenger jets made by Boeing and Airbus. - Telegraph

Tens of thousands of 11-year-olds are on track to become unemployed when they leave education because of failings in the schooling system, a new report warns. On Sunday, the Centre for Social Justice (CSJ) said up to 40,000 pupils currently in Year 6 will spend at least one year not in employment, education or training (Neet) between the ages of 16 and 24. - Telegraph

Companies are being "taxed out of existence", leading to the lowest appetite to spend money on big projects since the end of the Covid-19 crisis, according to one of the UK's largest business lobby groups. Researchers at the British Chambers of Commerce (BCC) said on Monday that the proportion of businesses that planned to raise investment had dipped to 17 per cent in the past three months, down from 21 per cent in the previous three months. - The Times

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Monday newspaper round-up: Water companies, asking prices, legal industry
(Sharecast News) - Water companies could be allowed to raise bills for customers during periods of drought under proposals being considered by the sector's regulator for England and Wales. Suppliers would be permitted to factor "water scarcity" into bills as part of efforts to reduce consumption under Ofwat's plans, which are being likened to surge pricing - the practice where private hire firms raise taxi fares at times of higher demand. - Guardian
Friday newspaper round-up: Elon Musk, Thames Water, Avant Homes
(Sharecast News) - Young people out of work or at risk of unemployment in the UK are to join "AI boot camps" where they harness the technology to get a foothold in the workplace. The government's latest attempt to address the crisis in Neets - young people not in work or education - involves turning to a technology that many view as a potential threat to employment. - Guardian
Thursday newspaper round-up: Greenland, Morrisons, Cisco Systems
(Sharecast News) - Greenland authorities have forced a US oil company connected to Donald Trump to postpone drilling wells in the Arctic territory, defying claims by the US president's envoy that Americans could be extracting crude by next year. Amid Trump's imperialist threats, tensions have been rising on Greenland's eastern coast after the oil company brought drilling equipment ashore in July without permission, drawing a "strong warning" from the government. - Guardian
Wednesday newspaper round-up: Heatwaves, AI data centres, CoreWeave
(Sharecast News) - Repeated debilitating heatwaves this summer are likely to have cost the UK economy more than £4bn in lost economic output by the end of July, new analysis shows. Green thinktank Verdant had suggested June's unseasonally hot weather had an economic cost of £2.36bn. Updating its assessment to include last month's high temperatures, it finds a £4.4bn hit to output. - Guardian

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