Skip Header
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.

Friday newspaper round-up: Everton, AstraZeneca, Amazon

(Sharecast News) - Everton has paid about £30m in interest charges to an opaque lender associated with a tax exile, corporate records suggest. The charges appear to have reached about £438,000 a week, according to the troubled Premier League club's most recent set of accounts, a figure more than three times the reported wages of the Everton and England goalkeeper Jordan Pickford. - Guardian Aircraft could one day take off on fuel made from human waste under plans revealed by Wizz Air and the British sustainable aviation company Firefly to build a commercial refinery in Essex. Firefly, based in Bristol, said it had developed a process to convert treated sewage into sustainable aviation fuel, or SAF. - Guardian

AstraZeneca has suffered an investor backlash over a £19m pay award for its chief executive, in a vote that will deepen concerns of an exodus of UK companies to the US. Around 35pc of investors voted to reject AstraZeneca's remuneration report and changes to its bonus plan at the company's AGM on Thursday. The changes increase chief executive Pascal Soriot's total reward package to £18.7m. His remuneration was up from £16.9m in the prior year, which already made the French-born executive the highest paid boss on the FTSE 100. - Telegraph

Annual profits at the City fund management firm co-founded by Sir Jacob Rees-Mogg, the Conservative MP, more than halved last year before client withdrawals forced the business to wind itself down. Latest accounts filed by Somerset Capital Management at Companies House show that net profits at the business fell to less than £3.1 million in the 12 months to the end of March last year, from almost £6.5 million in 2022. - The Times

Shares in Amazon closed at a new record high as the stock market value of the world's biggest online retailer edged closer to $2 trillion. At the end of trading on Wall Street, its stock price had risen $3.10, or 1.7 per cent, to $189.05, compared with its previous high of $186.57 on July 8, 2021, giving it a market capitalisation of $1.97 trillion. The rise in Amazon shares yesterday helped the Nasdaq Composite index to close at its sixth record high of the year so far with a gain of 271.84 points, or 1.7 per cent, to 16,442.20. - The Times

Share this article

Related Sharecast Articles

Wednesday newspaper round-up: Post Office, Spirit AeroSystems, Flutter
(Sharecast News) - The Post Office is expected to announce the closure of dozens of branches and cut up to 1,000 head office jobs as it seeks to reduce costs to secure its financial future. There are about 11,500 Post Office branches across the UK, of which 115 are wholly centrally owned. The rest are operated by independent post office operators under contract and partners such as WH Smith and Tesco. - Guardian
Tuesday newspaper round-up: Bluesky, British Steel, FRC
(Sharecast News) - Social media platform Bluesky has picked up more than 700,000 new users in the week since the US election, as users seek to escape misinformation and offensive posts on X. The influx, largely from North America and the UK, has helped Bluesky reach 14.5 million users worldwide, up from 9 million in September, the company said. - Guardian
Monday newspaper round-up: Hospitality, wind generation, Vertical Aerospace
(Sharecast News) - Great Britain "lags behind" Europe on measures to restrict betting adverts, according to a report released days after official data showed a sharp increase in the number of children with a gambling problem. Restrictions on ads by bookmakers and casinos are increasingly becoming "the norm" across Europe in response to public health concerns, according to a report commissioned by GambleAware, the UK's leading gambling charity. - Guardian
Friday newspaper round-up: AI, Bentley, News Corp
(Sharecast News) - Dozens of health and children's groups have urged ministers to tackle obesity by imposing taxes on foods containing too much salt or sugar. New levies based on the sugar tax on soft drinks would make it easier for consumers to eat more healthily by forcing food manufacturers to reformulate their products, they claim. - 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.

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.