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Tuesday newspaper round-up: Clearview AI, Virgin Atlantic, Accenture, BT

(Sharecast News) - Volumes of goods shipped directly from Ireland to the EU on new Brexit-busting ferry routes have rocketed by 50% in the past six months as exporters seek to avoid travelling across land through Great Britain, according to official data. Figures published by the Irish Maritime Development Office (IMDO) show significant traffic diverted away from the traditional routes between Dublin and Britain to some of 32 new ferry services direct to ports such as Le Havre, Cherbourg and Dunkirk in France and Zeebrugge in Belgium. - Guardian

US company that gathered photos of people from Facebook and other social media sites for use in facial recognition by its clients is facing a £17m fine after the Information Commissioner's Office found it had committed "serious breaches" of data protection law. Clearview AI, which describes itself as the "world's largest facial network", allows its customers to compare facial data against a database of over 10bn images harvested from the internet. - Guardian

An effort by Virgin Atlantic to raise £400m in rescue funding has been thrown into doubt by fears of new travel curbs, raising concerns among industry observers about its prospects over winter. Sir Richard Branson's airline has been in talks with existing shareholders and lenders over a cash lifeline in recent weeks, after extended restrictions on travel from the UK to the United States forced it to shelve plans for a public listing. - Telegraph

Accenture will create 3,000 new jobs in the UK over the next three years as part of a push into technology services, with half of the roles to be based outside London. The professional services firm said the new jobs are being driven by increased client demand for services in cybersecurity, cloud engineering, data, intelligent operations and platforms. - Telegraph

The government is monitoring the situation at BT amid heightened takeover speculation surrounding Britain's biggest telecoms group. Uncertainty intensified yesterday after a report that Reliance Industries, the Indian oil-to-telecoms conglomerate controlled by Mukesh Ambani, India's richest businessman, was weighing a takeover bid. - The Times

Babcock International has been accused of failings in its provision of crucial training to firefighters before the Grenfell Tower fire. The inquiry into the 2017 disaster, which killed 72 people, heard last week that the outsourcing group had been more than two years late in completing a review of training for incident commanders at the time of the blaze. - The Times

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Tuesday newspaper round-up: Riverford, US investment, Publicis
(Sharecast News) - Consumers searching for healthy food from trusted sources have fuelled the UK organic market's biggest boom in two decades, according to vegetable box seller Riverford. The delivery business, which sells meat, cheese, cookbooks and recipe boxes alongside vegetables, recorded a 6% increase in sales to £117m in the year to May 2025, as the UK organic food and drink market grew by almost 9% in that year, according to new figures from the Soil Association. The strong growth, significantly outpacing the wider food market, helped the employee-owned business give a £1.1m bonus to workers. - Guardian
Tuesday newspaper round-up: Riverford, US investment, Publicis
(Sharecast News) - Consumers searching for healthy food from trusted sources have fuelled the UK organic market's biggest boom in two decades, according to vegetable box seller Riverford. The delivery business, which sells meat, cheese, cookbooks and recipe boxes alongside vegetables, recorded a 6% increase in sales to £117m in the year to May 2025, as the UK organic food and drink market grew by almost 9% in that year, according to new figures from the Soil Association. The strong growth, significantly outpacing the wider food market, helped the employee-owned business give a £1.1m bonus to workers. - Guardian
Monday newspaper round-up: Benefits, tax rises, NMC Health, Thames Water
(Sharecast News) - Struggling hotels, restaurants and nightclubs are calling for more financial help with business rates after it emerged that Heathrow is among the biggest beneficiaries of a multibillion-pound package of state support. The UK's biggest airport is in line for a discount of nearly £900m on its rates bill over the next three years. That is a fifth of the total £4.3bn "transitional relief" fund announced by the chancellor in the budget for all businesses facing big bill increases. - Guardian
Friday newspaper round-up: Trump, Apple, Asda, Quiz, Amazon
(Sharecast News) - Donald Trump signed an executive order on Thursday laying the groundwork to slap tariffs on goods from countries that provide oil to Cuba, the White House said. The order, which ratchets up Trump's pressure to topple the Communist government, declares a national emergency and establishes a process for the US secretaries of state and commerce to assess tariffs against countries that sell or otherwise provide oil to the island nation. The White House has yet to specify tariff rates for violating its new policy of blocking Cuba from buying oil. - 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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