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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.

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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Tuesday newspaper round-up: Thames Water, Ikea, FOS
(Sharecast News) - A record 50% more raw sewage was discharged into rivers in England by Thames Water last year compared with the previous 12 months, data seen by the Guardian reveals. Thames, the largest of the privatised water companies, which is teetering on the verge of collapse with debts of £19bn, was responsible for almost 300,000 hours of raw sewage pouring into waterways in 2024 from its ageing sewage works, according to the data. This compares with 196,414 hours of raw effluent dumped in 2023. - Guardian
Monday newspaper round-up: Construction vacancies, Tesla, UK manufacturing
(Sharecast News) - Rachel Reeves will meet UK regulators on Monday after calling for more action to restrict red tape and spur economic growth. The chancellor argued that government plans would reduce costly delays and disputes, saving businesses billions, and said regulators must accept a more streamlined decision-making process. Reeves is expected to use the meeting to announce more detail on how the government will cut the cost of regulation by a quarter and set out plans to slim down or abolish regulators themselves. - Guardian
Sunday newspaper round-up: ITV, Tax, B & M
(Sharecast News) - ITV and All3Media's continue to forge ahead with their plans to create a £3bn British TV production giant. Ultimately, their idea is that the new venture will list on the London Stock Exchange. Although a deal remains far from certain, talks are understood to have reached a very detailed level. ITV's broadcast and streaming business would keep their own share quote, while ITV Studios was merged with All3. - The Financial Mail on Sunday
Friday newspaper round-up: Nationwide, Shein, Jes Staley
(Sharecast News) - Every little helps, so they say. Nationwide building society announced this week that it would be dishing out £50 mini-windfalls to more than 12 million members. And there should be more "free cash" coming down the track for many of them, as Nationwide hopes to announce its third annual "Fairer Share" payout in May. This would follow payments of £100 that were made in 2023 and 2024. - 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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