Open an account Help & support Register Account summary Log out
Skip Header
Home Stock market news

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.

Wednesday newspaper round-up: Avanti West Coast, Twitter, FTSE reshuffle

Wed 30 Nov 2022 07:18

(Sharecast News) - Labour has called on ministers to claw back £12m in dividends paid by Avanti West Coast to its shareholders last year, when it was subsidised by £343m by the taxpayer. Figures released by the rail watchdog on Tuesday showed that Avanti paid out £12m in 2021-22 from management and performance fees. - Guardian Subsidising the railways has cost British households £1,800 each over the past six years, new figures show. Taxpayers have been forced to inject £50.4bn to prop up the railways since 2016/17 as fare income is not enough to balance the books. Figures released by regulator the Office of Rail and Road (ORR) on Tuesday showed Government funding was £13.3bn in the year to March 2022, compared with £17.6bn in the previous year. - Telegraph

Republican rising star Ron DeSantis has warned Apple that banning Twitter from the iPhone would be a "huge mistake" as a row rages over free speech on the social network. The Florida governor, seen as a leading contender for the presidency in 2024, on Tuesday praised changes pushed through at Twitter by Elon Musk, including the end of bans for right-wing politicians such as Donald Trump. - Telegraph

Three companies look set to be promoted to the FTSE 100 next month, including what would be a blue-chip debut for the insurer Beazley, although Abrdn now looks likely to miss out. The fund manager had seemed set for a swift re-entry to the top tier of the London Stock Exchange, having been demoted at the reshuffle in September. - The Times

The government has repeated its goal of making the UK a global cryptocurrency hub even as the fallout from the FTX collapse continues to reverberate around the world. Andrew Griffith, economic secretary to the Treasury and City minister, said he stood by that ambition, although he placed the emphasis on fiat-backed stable coins rather than the more volatile privately-created crypto assets. - The Times

Share this article

Related Sharecast Articles

Mon 20 Jul 2026 07:09
Monday newspaper round-up: Pay gap, Thames Water, Boohoo
(Sharecast News) - The bosses of Britain's largest listed companies received record pay last year, fuelling the widest earnings gap with workers in eight years. Median pay for FTSE 100 chief executives hit £5.06m in the last financial year, according to data released by the High Pay Centre, an 8.6% increase on £4.66m the previous year and the highest level on record. Executive remuneration has been rising steadily since the pandemic, when CEOs took pay and bonus cuts as the lockdowns affected business performance. - Guardian
Fri 17 Jul 2026 07:29
Friday newspaper round-up: IMF warning, AI threat, Vodafone
(Sharecast News) - Britain cannot afford a fresh spending binge, the International Monetary Fund (IMF) has warned Andy Burnham. The Washington-based body said the UK Government should be "very selective in accommodating new demands" for spending and instead focus on reducing the deficit. It cautioned that the UK faces serious "challenges" from high debts, rising interest bills and the increasing costs of healthcare and pensions linked to an ageing population. - Telegraph
Thu 16 Jul 2026 07:16
Thursday newspaper round-up: SpaceX, Stonegate, Utmost
(Sharecast News) - Andy Burnham must avoid another "summer of speculation" on tax and spend that would spook British business, the chief executive of the CBI has warned. As Burnham prepares to take up the Labour leadership on Friday, with a new cabinet to be announced on Monday, Rain Newton-Smith urged him to tread carefully. - Guardian
Wed 15 Jul 2026 07:23
Wednesday newspaper round-up: Heating oil customers, benefit claimants, SoftBank chief
(Sharecast News) - Heating oil customers whose deliveries were cancelled when the war in the Middle East caused a price surge are to receive compensation of up to £350 each following an investigation by the UK competition watchdog. As the crisis unfolded, the Competition and Markets Authority (CMA) said it was investigating heating oil suppliers after complaints that existing orders were being scrapped, with customers offered new deliveries at a significantly higher price. - 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.

Policies and important information
 

Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | 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 or Product Summary 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.

© FIL Limited 2026