Open an account Help & support Register Account summary Log out
Skip Header
Home Stock market news

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.

Sunday newspaper round-up: EasyJet, Direct Line, Cairo

Sun 03 Mar 2024 15:16

(Sharecast News) - EasyJet founder Sir Stelios Haji.Ioannou has called time on his long-running feud with the "scoundrels" running the carrier. Haji-Ioannou has admitted that his war with easyJet boss Johan Lundgren was motivated by his fear that it would not get through Covid-19. His latest remarks come as the company is preparing to re-enter the ranks of the FTSE 100. They also come after attempts by easyJet to fill the gap in the market left by the collapse of Monarch and Thomas Cook, with Lundgren and chairman Stephen Hester having tried to shift focus towards selling holidays instead of just flights. - The Sunday Times Sir Peter Wood believes that Direct Line, the insurer he founded in 1985 has been "terribly" managed for years, leaving it a potential target for bidders. Indeed, given a decent price, that is exactly what he thinks should happen, Wood told the Mail on Sunday. Belgium's Ageas tabled a £3.1bn bid during the previous week, but that was not enough, Wood added. Wood further described the share and cash deal offered by Ageas as "messy". He was also "sure" that other offers would materialise. - Financial Mail on Sunday

A delegation of Hamas officials arrived in the Egyptian capital for talks to try and reach a ceasefire deal. It followed indications that Tel Aviv was ready to accept a phased six-week agreement for the release of hostages and a truce before the start of Muslims' holy month of Ramadan. Negotiators from Qatar and the U.S. had also arrived in Cairo to take part in the talks. A response from Hamas was anticipated on Sunday or Monday. - Guardian

Ministers are under pressure to present their plans should Thames Water collapse, an outcome that could cost taxpayers billons of pounds. The rescue plans drawn up by the Department for Environment, Food and Rural Affairs are known as "Project Timber" and according to Thames Water executives have a value of £5bn. The supplier is facing a £190m loan in April that its bosses have already said that it will not be able to meet. - The Sunday Telegraph

St.James's Place has put aside £426m to cover compensations to clients who allege that it fraudulently charged for annual reviews of client portfolios that were never conducted. The provision also follows the 15,000 complaints lodged with law firm AMK Legal on their behalf over the past three months. - The Sunday Times

Share this article

Related Sharecast Articles

Fri 10 Jul 2026 07:16
Friday newspaper round-up: Nigel Farage, diesel prices, Kraken Technology
(Sharecast News) - Chancellor Rachel Reeves is to announce a new City "skills compact" that will commit firms such as Barclays and Lloyds to retraining thousands of financial sector workers for the AI revolution. The financial services skills compact will be launched on Tuesday, during what is likely to be Reeves's final Mansion House speech to City bosses before Andy Burnham's expected takeover of No 10. The government-backed initiative will commit employers to improving workers' skills and helping them "keep pace" with significant technological changes that have prompted fears of mass redundancies. - Guardian
Thu 09 Jul 2026 07:17
Thursday newspaper round-up: UK vets, Sizewell B, Terry Smith
(Sharecast News) - UK vets may have to have a licence and cap prescriptions for pet medicine at £21 under plans being considered by the government. Ministers are also considering establishing a regulator for the veterinary sector, including inspections, a mandatory licensing system and published compliance reports to improve accountability and choice. Every vet practice could need an official operating licence - similar to GP surgeries and care homes - under proposals in a white paper. - Guardian
Wed 08 Jul 2026 07:27
Wednesday newspaper round-up: Regional income divide, John Lewis, mortgages
(Sharecast News) - Britain's deep regional income divide has barely changed in 30 years despite the promises of successive governments to narrow the gap, according to a report showing the challenge for Andy Burnham. As the prime minister-in-waiting prepares for government, the Resolution Foundation said almost no progress had been made since 1997 to tackle stark divisions in household income, before housing costs are taken into account, between the richest and poorest parts of the country. - Guardian
Tue 07 Jul 2026 07:17
Tuesday newspaper round-up: Gambling customers, student loan repayments, Russian bankruptcies
(Sharecast News) - The Scottish government is about to consider a sweeping moratorium on building new datacentres, putting a key plank of the UK's AI strategy at risk. Last Sunday the Scottish National party (SNP)'s national council passed a motion to freeze all new datacentres in Scotland. That motion has been sent to the Scottish government to consider. It could apply to all datacentre projects that have not yet received planning permission - although its exact implementation is up to the Scottish government to decide. - 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.

Policies and important information
 

Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme

 

Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document or Product Summary document which contains important information about the fund.

This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.

© FIL Limited 2026