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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.

Monday newspaper round-up: Fujitsu, Vodafone, Shawbrook

(Sharecast News) - Bosses at Fujitsu have collected about £37m in pay, bonuses and compensation for loss of office since the technology company won the contract to supply the software at the heart of the Post Office Horizon scandal, it has emerged. Accounts going back 25 years reveal the seven-figure sums paid out to executives of the UK division of the Japanese-owned technology company, even as more than 900 people were prosecuted as a result of flaws in the system their company supplied. - Guardian A new scheme to fine water companies for providing poor service to customers has been dismissed as "nothing less than a gimmick" - as the money raised in fines will not go to consumers affected. On Monday, Ofwat unveiled sanctions for water companies that do not provide good communication and help to those who face problems such as having no running water. - Guardian

Vodafone has paid out more than $1bn in fees to advisers over the last two decades amid ambitious empire-building followed by a costly retreat. The British telecoms giant has spent huge sums on bankers and lawyers as part of long-running turnaround efforts, with data from Dealogic revealing that "in excess" of a billion dollars has been spent on advisors since 2000. - Telegraph

US private equity firm Kohlberg Kravis Roberts (KKR) is poised to take control of one of Britain's largest smart meter suppliers after seeing off an attempt by its founders to scupper the deal. KKR is expected to reveal this week that more than 50pc of shareholders in Glasgow-based Smart Metering Systems have backed the takeover, giving them overall control. - Telegraph

The private equity owners of Shawbrook are seeking to revive plans for a float of the bank in a potential boost to the London stock market. Some City investors are understood to have been sounded out about a possible initial public offering of Shawbrook, which was bought by BC Partners and Pollen Street Capital for £868 million in 2017. - The Times

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Sunday newspaper round-up: Middle East, Aston Martin, Defence
(Sharecast News) - Britons must accept that their country was now involved in the Middle East conflict, Tobias Ellwood said. The former defence minister warned that "nobody was in full control" of the growing conflict as more and more countries were sucked in. Ellwood also said that Tehran's strike had taken the conflict into a "new dangerous territory". - Sunday Telegraph
Friday newspaper round-up: Everton, AstraZeneca, Amazon
(Sharecast News) - Everton has paid about £30m in interest charges to an opaque lender associated with a tax exile, corporate records suggest. The charges appear to have reached about £438,000 a week, according to the troubled Premier League club's most recent set of accounts, a figure more than three times the reported wages of the Everton and England goalkeeper Jordan Pickford. - Guardian
Thursday newspaper round-up: Border controls, McKinsey, KPMG
(Sharecast News) - New post-Brexit UK border controls coming into force later this month will cost British businesses £2bn and fuel higher inflation, according to a report warning that UK-EU trade will be damaged as a result. With less than a month before the introduction of new checks on animal and plant products from 30 April, the insurer Allianz Trade said the controls agreed under Boris Johnson's Brexit deal could add 10% to import costs over the first year. - 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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