Skip Header
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.

Tuesday newspaper round-up: Digital pound, bus services, Royal Mail

(Sharecast News) - Consumers could be using a new digital pound as an alternative to cash by the end of the decade under plans being drawn up by the Bank of England and the Treasury. The government is speeding up its response to the rise of privately issued cryptocurrencies and stable coins with a four-month public consultation process on a "Britcoin" starting on Tuesday. - Guardian Hundreds more of England's dwindling bus services could be axed next week with a funding shortfall looming, transport authorities have warned. Labour said the government had "just 10 days to act" before operators start having to cut routes because of the expiry of post-pandemic state support. - Guardian

Strike-breaking rail managers were paid £50 an hour on top of their salaries to work on the front line during walkouts over Christmas, leaked documents show. Salaried workers could get as much as £6,500 in extra pay if they swapped the office for shifts on trains on strike days between Dec 19 and Jan 3. - Telegraph

Union leaders have been forced to call off a two-day postal strike following a legal challenge by Royal Mail bosses. The Communication Workers Union (CWU) blamed laws that are "heavily weighted against working people" for scrapping planned walkouts on Feb 16 and Feb 17. - Telegraph

The battle between Santander and the financier who was once in line to run the Spanish bank is set to continue after a Spanish court cut the compensation the lender should pay for rescinding its job offer. It emerged yesterday that a court in Madrid had upheld Andrea Orcel's claim against Santander, but had lowered the payout he should receive by €8 million to €43.4 million. Santander immediately said that it intended to appeal against the ruling in the Spanish Supreme Court. - The Times

Share this article

Related Sharecast Articles

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
Monday newspaper round-up: Zero-hours contracts, Barclays, Asos
(Sharecast News) - Hundreds of thousands of British workers are on zero-hours contracts despite being with the same employer for years, according to analysis from the TUC. The majority of zero-hours contract workers have been with their employer for more than 12 months, while one in eight have not been granted regular employment rights after more than a decade working in the same place, the organisation said. - Guardian
Friday newspaper round-up: Apple, Daily Mail, OpenAI, Homebase
(Sharecast News) - Apple slightly beat analysts' expectations in its first-quarter earnings for fiscal year 2025 on Thursday. The iPhone-maker's revenue rose by 4%, coming in at $124.30bn, barely above estimates of $124.12bn. Earnings per share were $2.40, just ahead of analysts' expectations of $2.35. Shares rose more than 8% in extended trading after CEO Tim Cook indicated in an earnings call on Thursday that Apple is on the trajectory for revenue growth next quarter. - 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.

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.