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Thursday newspaper round-up: Nuclear fusion, BT, Dyson

(Sharecast News) - The UK government has promised a record £410m investment in nuclear fusion which could help construct a world-leading fusion power project on the site of an old coal plant in Nottinghamshire. Ministers hope the funding, which will be made available for the coming financial year, will support the rapid development of the UK fusion energy sector and deliver "a future powered by limitless clean energy". - Guardian A slump in trade with the EU should spur ministers to negotiate a fundamental rewrite of post-Brexit rules to more closely align the UK with Brussels, a leading left-of-centre thinktank has said. Donald Trump's arrival in the White House next week should also encourage the government to get on the front foot in trade agreement talks with the US to support the growth of UK exports, said the Institute for Public Policy Research (IPPR). - Guardian

BT has scrapped a major electric car charging scheme after installing just one charging point. The telecoms giant last year outlined plans to convert old broadband street cabinets into electric vehicle (EV) charging points. Around 60,000 cabinets had been earmarked for possible conversion in what bosses described as a "once in a lifetime opportunity" to boost the number of chargers across the country. - Telegraph

Sales of Murphy's Irish stout have skyrocketed amid claims of a nationwide Guinness shortage. Heineken, which owns Murphy's, said sales of the 169 year-old stout had enjoyed a 632pc rise in British pubs and bars in December compared with a year earlier. - Telegraph

Dyson has scrapped plans to move into a £100 million technical and research centre in Bristol and will move all its staff in the southwest into one location. The vacuum and hairdryer maker, which announced the centre in 2023, will move 180 staff to its Malmesbury campus 30 miles away in Wiltshire, home to the Dyson Institute, where ­undergraduate and postgraduate engineers study while working for Dyson. - The Times

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Sunday newspaper round-up: Etihad float, Shein, Thames Water
(Sharecast News) - Abu Dhabi based carrier Etihad is planning to float a stake of up to 20% on the Abu Dhabi Stock Exchange. Sources indicate that it could command a valuation of $5bn (£4bn). It would be the second such transaction for its boss, Antonoaldo Neves. In 2017, the former McKinsey partner floated Azul, Brazil's third-largest airline, on the New York Stock Exchange. For Neves, any airline that aspires to be "relevant" needs to tap into different sources of capital. Its goal is to fly 170 jets by 2030, up from 93 at present. - The Sunday Times
Friday newspaper round-up: Gambling sector, FOS, Amazon
(Sharecast News) - The gambling regulator has accidentally handed over more than 4,000 sensitive documents to lawyers acting for the media tycoon Richard Desmond, in an "unprecedented" blunder during its legal battle over the £6.4bn national lottery contract, the Guardian understands. Northern & Shell (N&S), the investment group owned by Desmond, is suing the Gambling Commission for £200m in damages over its handling of the lottery licence award process. - Guardian
Thursday newspaper round-up: CMA, Riverford, Lloyds, Arm Holdings
(Sharecast News) - The appointment of the former boss of Amazon UK to lead the competition watchdog poses a threat to its independence and pledge to hold big tech to account, according to a group including tech companies and the former business secretary Vince Cable. The group - which includes the News Media Association, the Firefox developer Mozilla, the consumer group Which? and the Future of Technology Institute - has written to the chancellor, Rachel Reeves, to raise concerns about the appointment of Doug Gurr as the interim chair of the Competition and Markets Authority (CMA). - Guardian
Wednesday newspaper round-up: Thames Water, Johnson & Johnson, BoE
(Sharecast News) - Thames Water may need as much as £10bn in debt and equity investment to repair its finances, according to a representative of creditors hoping to lend the struggling utility another £3bn. London's high court heard evidence on Tuesday that suggested the UK's largest water company may need significantly more resources than the roughly £6.3bn it has previously indicated. - 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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