Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
Thursday newspaper round-up: Stellantis, The Observer, car production
(Sharecast News) - The owner of Vauxhall told investors that it was "confident" it would meet the UK's rules on electric vehicle sales just two months before it blamed them for the decision to close a factory in Luton, the Guardian can reveal. Stellantis cited the UK's zero-emission vehicle (ZEV) mandate when it announced the closure of its van factory in Bedfordshire on Tuesday, putting 1,100 workers at risk of redundancy or relocation to its factory making smaller vans in Ellesmere Port. - Guardian Not a single Whitehall department has registered the use of artificial intelligence systems since the government said it would become mandatory, prompting warnings that the public sector is "flying blind" about the deployment of algorithmic technology affecting millions of lives. AI is already being used by government to inform decisions on everything from benefit payments to immigration enforcement, and records show public bodies have awarded dozens of contracts for AI and algorithmic services. A contract for facial recognition software, worth up to £20m, was put up for grabs last week by a police procurement body set up by the Home Office, reigniting concerns about "mass biometric surveillance". - Guardian
The proposed sale of The Observer to a loss-making start-up must be paused to protect Britain's "fragile" liberal journalism, former Guardian editor Alan Rusbridger has said. Mr Rusbridger, who was editor-in-chief of The Guardian from 1995 to 2015, is one of six former editors to warn that the deal would result in The Observer being "cast off to an uncertain future". - Telegraph
Car production in the UK has fallen for an eighth consecutive month, intensifying pressure on the industry as it struggles with the transition to an electric future. Manufacturing output declined 15.3 per cent in October to 77,484 units, figures from the Society of Motor Manufacturers and Traders (SMMT) show, leaving output down by a tenth so far this year. - The Times
Britain's biggest wealth manager St James's Place is in effect abandoning commercial property as an asset class after deciding to wind down three funds with £1.84 billion invested in office blocks, shopping centres and other real estate. The company, which manages investments for one million people in the UK, said the decision was taken after what it called "a challenging period for the sector as a whole". - The Times
Share this article
Related Sharecast Articles
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.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Doing Business with Fidelity | Diversity, Equity & Inclusion Reports | 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 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.