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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.

Sunday newspaper round-up: Cobham, Recession, Raspberry Pi

(Sharecast News) - Advent International's Shonnel Malani, who has overseen the dismemberment of Cobham since its purchase in 2019 for £4bn, is preparing the sale of the last bits of the company over the next year or two. Any sale would come amid heightened geopolitical tensions, resulting in a premium for defence assets. Malani also told the Mail on Sunday that Advent may soon have more targets in the UK. - Financial Mail on Sunday

Data due out this week are expected to show that the UK's gross domestic product shrank by 0.1% over the three months to December. That would mean that the country entered a recession at the end of 2023, as the economy had fallen by that same amount during the preceding quarter. It would also constitute an embarrassment for the government and a disaster for the Prime Minister. The latter had pledged that the economy would be growing by the end of last year. - Guardian

Raspberry Pi is studying a possible retail offer as part of its plans to float in London. The hobbyist computer company's chief executive officer said there was a number of ways by which it could be done. The company's international base of fans made a retail offer more difficult but an offer in the UK and EU might be achievable. He also indicated that he now saw little downside to a UK listing as opposed to one in the U.S..- Sunday Telegraph

Games Workshop, the owner of Warhammer, has come under criticism for licensing its intellectual property to Owlcat Games, which is backed by Russian investors. The latter used the Warhammer logo prominently in its branding and just last December released a game for use on platforms that included the PlayStation and Xbox. Games Workshop stopped selling its fantasy figurines in Russia shortly after the country invaded Ukraine, while Owlcat's development teams left Russia in 2022. - The Financial Mail on Sunday

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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.

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