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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: Working tenants, Arm, Home Reit

(Sharecast News) - Millions of Britons did not switch on their heating during cold snaps last winter in an attempt to save on their energy bills as the cost of gas and electricity soared. Almost nine in 10 households tried to cut back on their energy usage last winter, while almost half of all British households, or 13m homes, said they did not turn on their heating when it got cold, according to a survey of 4,000 people by the consumer group Which?. - Guardian A third of working tenants in England do not have enough savings to pay rent if they lose their job, putting them at risk of losing their home, according to research by the housing charity Shelter. Record rents and the rising cost of other household bills are putting tenants' finances under pressure and mean many are unable to set money aside for emergencies. - Guardian

Britain's post-Brexit immigration system has helped make the country even more attractive to foreign workers than the European Union, according to job site Indeed. Interest in British job postings from international candidates has soared since the post-Brexit immigration overhaul in 2021, Indeed said. Views of UK job listings on Indeed's website from people outside of Britain have risen by 142pc since early 2021 and are now far higher than at any point since at least 2017. - Telegraph

Arm, the British chip innovator, has confirmed its intention to float on New York's Nasdaq exchange, setting the stage for what is likely to be the biggest stock market listing this year. The Cambridge-based company did not reveal the number of shares it was selling or the pricing of its offering in its filing yesterday with the US Securities and Exchange Commission. Last week, however, Softbank bought a 25 per cent stake in Arm that valued it at $64 billion, returning money to its Vision Fund and potentially setting a floor for the valuation. Analysts at Redburn said the expectation for the deal was in the $37 billion to $44 billion range, while the total range could be anything between $19 billion and $76 billion. - The Times

The board of Home Reit and its new advisers have been given permission by investors to redraw its investment strategy to get the business back on track. The property group, which billed itself as a "landlord for the homeless", had asked its shareholders to accept a number of changes at a general meeting yesterday. - The Times

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Thursday newspaper round-up: Border controls, McKinsey, KPMG
(Sharecast News) - New post-Brexit UK border controls coming into force later this month will cost British businesses £2bn and fuel higher inflation, according to a report warning that UK-EU trade will be damaged as a result. With less than a month before the introduction of new checks on animal and plant products from 30 April, the insurer Allianz Trade said the controls agreed under Boris Johnson's Brexit deal could add 10% to import costs over the first year. - Guardian
Wednesday newspaper round-up: Shoplifting, EnQuest, Klarna
(Sharecast News) - The government is investing more than £55m in expanding facial recognition systems - including vans that will scan crowded high streets - as part of a renewed crackdown on shoplifting. The scheme was announced alongside plans for tougher punishments for serial or abusive shoplifters in England and Wales, including being forced to wear a tag to ensure they do not revisit the scene of their crime, under a new standalone criminal offence of assaulting a retail worker. - Guardian
Tuesday newspaper round-up: Pharma companies, Puig, Thames Water
(Sharecast News) - Rachel Reeves has said an incoming Labour government would launch a £5bn crackdown on tax avoiders to close a gap in its spending plans exposed by Jeremy Hunt scrapping the non-dom regime to finance tax cuts. Warning households and businesses that Labour was prepared to adopt tough measures to tackle tax fraud and non-compliance, Reeves said the funding would be used to pay for free school breakfast clubs and additional NHS appointments. - Guardian
Monday newspaper round-up: Boeing, rent rises, e-scooters, Santander UK
(Sharecast News) - US airline regulators have launched an investigation after an engine cowling on a Boeing plane fell off during takeoff and struck the wing flap. The Southwest Airlines flight 3695 rose to about 10,300ft (3,140 metres) before returning safely 25 minutes after takeoff to Denver international airport at about 8.15am local time on Sunday. It was towed to the gate after landing. The Boeing aircraft with 135 passengers and six crew members aboard had been headed to Houston. No one was injured. - 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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