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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.

Sunday newspaper round-up: OPEC+, WH Smith, Nuclear

Sun 07 Sep 2025 13:00

(Sharecast News) - OPEC+ will boost production again starting from the following month. Eight of the cartel's members, including Saudi Arabia, which wants to regain market share, will increase output by a combined 137,000 barrels a day. The idea is to begin reversing a cumulative 1.65m barrel a day reduction more than one year early. Another reduction that had previously been carried out worth 2m barrels a day is expected to remain in place until the end of 2026. President Trump has been pressuring the group to hike output. - Sunday Times The Mail on Sunday has revealed that WH Smith depends heavily on the promotional income from suppliers to achieve its sales targets. That could mean that the issues around the company's books run deeper than previously thought. The revelation follows a profit warning during the previous month that sent the company's shares down by over 40%. Deloitte is looking into the error, which WH Smith has attributed to "accelerated recognition of supplier income" at its US unit. - Financial Mail on Sunday

During his stay in Scotland last month, US vice-president JD Vance held a private meeting with the heads of several US nuclear outfits pursuing projects in the UK. Among those present were representatives from Westinghouse, GE Hitachi, X-energy, Holtec International and TerraPower. Vance is now lobbying for support for such companies to build nuclear power stations and data centres aimed at powering AI in the UK. - The Sunday Telegraph

Output from Jaguar Land Rover and a host of its suppliers will be kept on hold for at least the next week due to a crippling cyber-hack. The impact on its operations is expected to be felt until October. The cyberattack was conducted a week ago. Thousands of workers have been told not to go to work until Tuesday. They will continue to be paid as usual, while banking their hours which they will recover later on. The company will provide an update on Monday. - Guardian

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Mon 14 Sep 2026 07:18
Monday newspaper round-up: hospitality businesses, rail passengers, Battersea Power Station
(Sharecast News) - Hundreds of UK hospitality businesses, backed by celebrity chefs including Angela Hartnett and Heston Blumenthal, have asked Andy Burnham to lay out plans to lower VAT for the sector, urging him to make good on his previous pledge. More than 800 businesses have written an open letter to the prime minister as part of the #VATsTheProblem campaign, to warn that without a "fairer tax burden for hospitality", there will be more closures and job losses, and fewer opportunities for young people. - Guardian
Fri 11 Sep 2026 07:20
Friday newspaper round-up: Energy bills, triple lock, ONS data crisis
(Sharecast News) - Consumers will pay higher energy bills unless the UK government speeds up work on a vast programme of upgrades to the electricity grid to enable the switch to renewables, the public spending watchdog has warned. The National Audit Office (NAO) said that without faster action the extra costs associated with managing the ageing power network, which are ultimately passed on to the public, could reach £7.8bn a year by 2030. - Guardian
Thu 10 Sep 2026 07:24
Thursday newspaper round-up: Migration, air traffic control, triple lock
(Sharecast News) - Andy Burnham must overhaul Shabana Mahmood's migration reforms or risk overstretching social care and fuelling far-right sentiment, the TUC general secretary, Paul Nowak, has warned. Speaking ahead of the TUC's annual congress in Brighton next week, Nowak welcomed the "sense of optimism" around Burnham's fledgling government, but he urged the PM to act in a series of areas, including migration and the cost of living. - Guardian
Wed 09 Sep 2026 07:22
Wednesday newspaper round-up: Air traffic control breakdown, Bet365, consumer finance claims
(Sharecast News) - Flight delays and cancellations were expected to continue into Wednesday at UK airports after another air traffic control failure kept planes grounded for hours, affecting hundreds of thousands of passengers. At least 177 flights scheduled for Wednesday to and from UK airports had been cancelled, plane tracking site Flightradar24 said, "nearly all at London Heathrow". More than 1,000 were cancelled by about 8pm on Tuesday. - Guardian

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