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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.

Thursday newspaper round-up: Brexit, Pret A Manger, THG

(Sharecast News) - Rishi Sunak is under growing pressure to offer more help to older workers who have fallen out of the workforce due to ill health, as official figures show a sharp increase in the rates of long-term sickness in every region of the UK except London. Highlighting deep regional divisions, figures from the Office for National Statistics show economic inactivity due to long-term sickness has increased most among 50 to 64-year-olds outside the capital since the Covid pandemic. - Guardian More than three-quarters of firms say the government's post-Brexit trade deal with the EU has not helped them to expand their business in the last two years despite promises that it was an "oven-ready" deal. A survey by the British Chambers of Commerce (BCC) has prompted the business lobby group to present the government with five urgent recommendations for enhancing the agreement, which has left many exporters struggling to sell into the EU under the current terms. - Guardian

Pret A Manger is axing almost all of its vegetarian-only stores as the novelty of meat-free branches wears off. The sandwich chain is to shut or rebrand 75pc of its Veggie Pret stores six years after they first launched. - Telegraph

Sir Tom Hunter, the billionaire investor and philanthropist, has reaffirmed his commitment to THG, insisting that Matt Moulding's struggling beauty-to-nutrition retailer has been a "a real success story" (Greig Cameron writes). Hunter, 61, has had a business relationship with Moulding, 50, since 2009 and been a vocal supporter even as THG - formerly The Hut Group - has stumbled. - The Times

Sharan Pasricha, the wealthy entrepreneur behind Gleneagles and the trendy Hoxton hotel chain, has collected an estimated €260 million by selling the underlying assets of the hotels in Amsterdam and Paris. The near €1 million per room paid by Schroders, the buyer of the two properties, is thought to be the biggest per-room price ever paid in Europe for a hotel without suites. - The Times

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Tuesday newspaper round-up: Thames Water, Ikea, FOS
(Sharecast News) - A record 50% more raw sewage was discharged into rivers in England by Thames Water last year compared with the previous 12 months, data seen by the Guardian reveals. Thames, the largest of the privatised water companies, which is teetering on the verge of collapse with debts of £19bn, was responsible for almost 300,000 hours of raw sewage pouring into waterways in 2024 from its ageing sewage works, according to the data. This compares with 196,414 hours of raw effluent dumped in 2023. - Guardian
Monday newspaper round-up: Construction vacancies, Tesla, UK manufacturing
(Sharecast News) - Rachel Reeves will meet UK regulators on Monday after calling for more action to restrict red tape and spur economic growth. The chancellor argued that government plans would reduce costly delays and disputes, saving businesses billions, and said regulators must accept a more streamlined decision-making process. Reeves is expected to use the meeting to announce more detail on how the government will cut the cost of regulation by a quarter and set out plans to slim down or abolish regulators themselves. - Guardian
Sunday newspaper round-up: ITV, Tax, B & M
(Sharecast News) - ITV and All3Media's continue to forge ahead with their plans to create a £3bn British TV production giant. Ultimately, their idea is that the new venture will list on the London Stock Exchange. Although a deal remains far from certain, talks are understood to have reached a very detailed level. ITV's broadcast and streaming business would keep their own share quote, while ITV Studios was merged with All3. - The Financial Mail on Sunday
Friday newspaper round-up: Nationwide, Shein, Jes Staley
(Sharecast News) - Every little helps, so they say. Nationwide building society announced this week that it would be dishing out £50 mini-windfalls to more than 12 million members. And there should be more "free cash" coming down the track for many of them, as Nationwide hopes to announce its third annual "Fairer Share" payout in May. This would follow payments of £100 that were made in 2023 and 2024. - 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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