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.

Thursday newspaper round-up: Energy bills, Qantas, CrowdStrike

(Sharecast News) - Ministers have committed to help households struggling with their gas and electricity bills this winter after energy industry bosses warned that consumer debt had climbed to more than £3bn. With Labour under fire for scrapping universal winter fuel payments to pensioners, ministers met energy industry bosses on Wednesday to discuss ways of supporting struggling households through the coming colder months. - Guardian Qantas Airways has posted a $2.1bn annual underlying profit - down 16% from last year's record result - amid a surge in demand for budget Jetstar fares and mounting public anger at its service and ticket policies. Australia's biggest airline said bookings and travel demand remained stable across its flying brands, although moderating air fares had eroded profits, especially on international flights. - Guardian

A City whistleblower has been awarded more than half a million pounds after he was fired for exposing an alleged Chinese spy. An employment tribunal has awarded Bharat Bhagani, a former compliance officer at Goldenway Global Investments, nearly £565,000 in compensation, according to a ruling published earlier this week. - Telegraph

The Savoy hotel in central London is facing an increasingly competitive luxury hotel market on the back of a host of openings by rivals. According to the hotel's accounts, filed this week, at least 15 new luxury hotels with a total of 2,677 rooms are opening across the capital over the 2023-2025 period. - The Times

CrowdStrike has cut its annual sales and profit forecast as demand for its cybersecurity products is hit by the global Windows outage caused by a faulty update from the company. The outage last month hit 8.5 million Microsoft Windows devices, interrupting internet services and leaving thousands of people stranded at airports after mass flight cancellations. - 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.