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Wednesday newspaper round-up: Fracking, Netflix, HSBC

(Sharecast News) - Fracking caused an earthquake every day at the UK's only active site at Preston New Road in Lancashire, analysis has found. Between 2018 and 2019, the site near Blackpool was responsible for 192 earthquakes over the course of 182 days , according to analysis of House of Commons Library data by the Liberal Democrats. - Guardian The number of people who aren't working because of caring commitments is the highest since May 2020, with the last year marking a sustained increase in stay-at-home parents and carers after three decades of decline, new analysis from the Guardian reveals. The figures are a stark warning that at a time of record employment vacancies and skills shortages, families are being "priced out and shut out of work", said Labour's deputy leader, Angela Rayner. - Guardian

Netflix has added subscribers for the first quarter in three to halt the streaming decline trigged by the cost of living crisis. Paid subscribers using the service rose to by 2.4m to 223.1m in the third quarter of 2022. Revenues grew 6pc year-on-year to $7.9bn (£7bn). Shares rose 15pc in after hours trading in New York as investors cheered the unexpectedly strong results. - Telegraph

The boss of Goldman Sachs warned yesterday that there was a "good chance" of recession in the United States and confirmed an overhaul of the bank's structure after its profits almost halved. A robust rise in sales from its bond trading division helped partially to offset a 57 per cent drop in revenue from investment banking amid a sharp slowdown in global dealmaking. - The Times

HSBC misled consumers with its bus-shelter posters proclaiming its green credentials at the time of the global climate-change summit last autumn, the advertising regulator has ruled. Britain's biggest banking group "omitted material information", the Advertising Standards Authority has judged, ordering HSBC not to show the ads again. - The Times

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Friday newspaper round-up: House sales, fuel prices, The Telegraph
(Sharecast News) - House sales are expected to accelerate over the next four months as buyers seek to benefit from tax breaks that are due to run out in April 2025, according to the online property website Zoopla. The number of home sales increased across the UK this year, pushing up prices by 1.5% in the year to October. Next year prices are expected to rise by 2.5% and transactions will jump by 5%, the website said. - Guardian
Friday newspaper round-up: House sales, fuel prices, The Telegraph
(Sharecast News) - House sales are expected to accelerate over the next four months as buyers seek to benefit from tax breaks that are due to run out in April 2025, according to the online property website Zoopla. The number of home sales increased across the UK this year, pushing up prices by 1.5% in the year to October. Next year prices are expected to rise by 2.5% and transactions will jump by 5%, the website said. - Guardian
Thursday newspaper round-up: Stellantis, The Observer, car production
(Sharecast News) - The owner of Vauxhall told investors that it was "confident" it would meet the UK's rules on electric vehicle sales just two months before it blamed them for the decision to close a factory in Luton, the Guardian can reveal. Stellantis cited the UK's zero-emission vehicle (ZEV) mandate when it announced the closure of its van factory in Bedfordshire on Tuesday, putting 1,100 workers at risk of redundancy or relocation to its factory making smaller vans in Ellesmere Port. - Guardian
Wednesday newspaper round-up: Bookies, water companies, John Lewis
(Sharecast News) - Bookmakers and casinos will be forced to fund NHS services that tackle problem gambling, after Labour rubber-stamped the previous government's plans, which also include a cap of as little as £2 on the sums that can be staked on online slot machines. The Guardian revealed on Monday that the government was poised to approve the new "statutory levy", using proceeds of around £100m a year to fund research, prevention and treatment of gambling harms. - 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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