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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.

Tuesday newspaper round-up: HS2 trains, renewable energy, Anthropic

(Sharecast News) - Plans to change the size of HS2 trains to maximise capacity are likely to inflate costs and mean fewer seats and slower services north of Birmingham, a senior government and rail industry figure has warned. The £2bn order for 54 high-speed trains, to be built in Britain by a joint venture of Alstom and Hitachi, is under review as HS2 Ltd seeks to cut costs and renegotiate contracts. - Guardian Households will be called on to boost their consumption of Great Britain's record renewable energy this summer to help balance the power grid and lower energy bills. Under the new plans, people could be encouraged to run dishwashers and washing machines or charge up their electric vehicles when there is more wind and solar power than the electricity grid needs. - Guardian

Anthropic has released the first AI model capable of hacking IT networks, an online UK safety watchdog has warned. The Artificial Intelligence Security Institute (AISI), a government-backed research lab, has sounded the alarm over Anthropic's new Claude Mythos model after discovering it can autonomously carry out advanced cyberattacks. After a round of testing on the model, the AISI found that the newly developed AI chatbot can launch "multi-step" attacks that would take a human professional hacker days. - Telegraph

Hundreds of Hollywood stars have come out against Paramount's takeover of Warner Bros, claiming the deal to hand control of the studio to supporters of Donald Trump will hurt democracy. Actors, including Jane Fonda, Glenn Close and Ben Stiller, have signed their names on an open letter expressing "unequivocal opposition" to the tie-up, arguing that competition is "essential for a healthy economy and a healthy democracy". - Telegraph

Mortgage volatility is now greater than after Liz Truss's mini-budget, as lenders pull their products at a record speed. Brokers said that homeowners faced "mayhem" when looking to borrow or lock in a new rate because the average shelf-life of mortgage products had fallen to a record low of eight days. - The Times

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Tuesday newspaper round-up: IMF warning, Poundland, Burberry
(Sharecast News) - The global economy "could soon test the limits of resilience", as emergency oil stocks run low and government budgets become overstretched, the International Monetary Fund has warned. In its twice-yearly World Economic Outlook, the IMF said global growth had withstood the Middle East conflict better than feared over the past six months. It said the rerouting of oil supplies away from the strait of Hormuz, and the release of strategic energy stocks, had helped to contain the impact on oil prices from the US-Iran war. - Guardian
Monday newspaper round-up: Budget, van drivers, Heathrow
(Sharecast News) - John Healey has been warned by Britain's leading tax and spending experts that his budget risks being a "work of fiction" unless he sets out plans to cover £35bn in spending pressures. As the war in the Middle East rattles the public finances, the Institute for Fiscal Studies (IFS) said the damage from higher inflation meant the chancellor would need to either top up funds for his current government spending plans or impose deep real-terms cuts by the end of the decade. - Guardian
Friday newspaper round-up: Goldman Sachs bonuses, TalkTalk, credit card defaults
(Sharecast News) - Top bosses at Goldman Sachs are in line to share a bonus pot worth up to $500m (£378m) this year, marking one of the biggest payouts in the Wall Street bank's history. The eye-watering sum will be shared between 20 bankers, with its chief executive, David Solomon, due to take about $100m (£75.6m) of the reward, which is made up of Goldman Sachs stock. That is more than double the value of the record $47m (£35.5m) annual pay packet he was granted last year. - Guardian
Thursday newspaper round-up: Live petrol prices, Lotus, Taylor Wimpey
(Sharecast News) - Drivers will be able to see live petrol prices on Google Maps for the first time from Thursday, in a move that will help motorists shop around for the cheapest fuel. Millions of motorists will be able to find the cheapest petrol and diesel prices by searching for a local forecourt in the Google app, in what could prove to be "a major development" in making fuel prices more fair, according to campaigners. - Guardian

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