Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guides
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
Wednesday newspaper round-up: Port Talbot, Amazon, Tripadvisor
(Sharecast News) - The British steel industry is braced for 2,500 job cuts at the Port Talbot steelworks, with thousands more jobs at risk in the UK, as the government prepares a taxpayer-backed deal for the south Wales plant. The business secretary, Jonathan Reynolds, is expected to outline on Wednesday details of a rescue deal which will see the government hand the historic Welsh plant's owners, Tata Steel, £500m to build a new electric furnace - but at the cost of huge redundancies from the closure of its last remaining blast furnace. - Guardian Amazon's cloud computing arm will invest £8bn in the UK to build datacentres that support customers in London and the west of England, Rachel Reeves said on Wednesday. The chancellor said the investment, which it was estimated would create as many as 14,000 jobs at Amazon and in local businesses, was part of the government's "long-term mission to boost growth, unlock investment and make every part of Britain better off". - Guardian
Tripadvisor has provoked anger by abruptly cancelling holidaymakers' accommodation bookings as the company shut down its Airbnb rival. The travel website emailed tenants and hosts on Tuesday to say that it would no longer honour reservations after Nov 1. Tripadvisor, best known for reviews and travel guides, acquired a string of holiday booking websites during the 2010s in an attempt to take on websites such as Airbnb. - Telegraph
The former head of oil at Glencore has appeared in court in London to face corruption charges relating to the commodities trader's operations in Africa. Alex Beard, 57, has been charged by the Serious Fraud Office with two counts of conspiracy to make corrupt payments to government officials and officials of state-owned oil companies in Nigeria between 2010 and 2014, and in Cameroon between 2007 and 2014. He would plead not guilty, his lawyer told Westminster magistrates' court. - The Times
The serviced offices provider that owns Regus has been told by one of its largest shareholders to move its stock market listing to the United States "immediately". Buckley Capital Management said that switching from London to New York would help to boost IWG's flagging share price, which is struggling 60 per cent below its pre-pandemic level. - The Times
Share this article
Related Sharecast Articles
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.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
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 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.