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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: Boeing, Hinkley Point C, IDS

(Sharecast News) - Fake reviews and unavoidable hidden online charges - which cost consumers £2.2bn a year - are to be banned under new laws to force businesses to be more clear with shoppers. Under the new rules, which will become law as part of the digital markets, competition and consumers bill currently progressing through parliament, mandatory fees must be included in the headline price or at the start of the shopping process, including booking fees for cinema and train tickets. - Guardian A nose wheel fell off a Delta Air Lines Boeing 757 passenger jet and rolled away as the plane lined up for takeoff over the weekend from Atlanta's Hartsfield-Jackson international airport in the US, according to the Federal Aviation Administration (FAA). According to a preliminary FAA notice, none of the 184 passengers or six crew members aboard were hurt in the incident. - Guardian

Hinkley Point C will cost as much as £35bn to complete and will come online up to four years later than planned, its French developer has said. EDF on Tuesday said the cost of building Britain's first new nuclear power station in a generation had risen by as much as £10bn after delays to construction and inflation to costs. - Telegraph

Treasury officials advised Rishi Sunak that cutting taxes would have little impact on growing the economy and he should instead focus on boosting immigration. According to leaked Treasury documents presented to Mr Sunak's senior team in late 2022 before he became prime minister, civil servants said personal tax cuts would have a "low impact" on boosting growth despite coming at a "medium fiscal cost". - Telegraph

The chairman of Royal Mail owner International Distributions Services has argued that a six-day delivery service should not be preserved for "nostalgic" reasons ahead of potential reform of the lossmaking mail operator. On Wednesday Ofcom, the regulator, is expected to release the findings of its review of the universal service provided by Royal Mail after calls from the company to ditch Saturday letter deliveries. - The Times

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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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