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: Turkeys, pay rises, Daily Mail

(Sharecast News) - Ranjit Singh Boparan, the owner of East Anglian turkey producer Bernard Matthews, said the first workers would arrive in the next few days as it prepared for the busy festive season. Boparan said: "With just a few weeks to go until Christmas, it is very good news to be able to report that here we are in mid-November, and we're well on the way to plugging the job gaps for the massive volume increases we get during this time of year. - Guardian

Faster train journeys will be delivered up to 10 years sooner than planned, the government has insisted amid anger over an expected decision to axe key schemes. The Department for Transport (DfT) said its Integrated Rail Plan (IRP) will feature £96bn of investment in the Midlands and the North. The plan, which will be published on Thursday, is expected to confirm that the eastern leg of HS2 will be scrapped between the east Midlands and Leeds, savings tens of billions of pounds. - Guardian

Workers need a pay rise of more than 7pc next year just to stand still as surging inflation and looming tax rises erode their spending power, the Institute of Fiscal Studies has warned. Prices jumped 4.2pc in the 12 months to October, according to official statistics. This is more than double the Bank of England's 2pc target, as energy prices soar and global supply shortages bite. - Telegraph

The editor of the Daily Mail, Geordie Greig, has been ousted after three years in a move that paves the way for a merger with its Sunday sister title and a greater focus on digital journalism. Mr Greig is to be replaced by Ted Verity, currently editor of the Mail on Sunday, who will take a new job as editor of Mail Newspapers that puts him in control of both titles. - Telegraph

More than half of younger investors get stock-trading tips from social media sites such as TikTok and Reddit, research has revealed. Fifty-six per cent of 18 to 34-year-olds use the platforms for inspiration before buying and selling shares, according to a survey of 2,000 people by Opinium for Hargreaves Lansdown, the investment platform. - The Times

Share this article

Related Sharecast Articles

Sunday share tips: Moneysupermarket, Impax
(Sharecast News) - Lucy Tobin at the Sunday Times tipped shares of Moneysupermarket, arguing that the energy sector would recover at some point.
Friday newspaper round-up: Energy price cap, Mike Lynch, News Corp
(Sharecast News) - The energy price cap in Great Britain will fall to the equivalent of £1,568,a year this summer after a drop in wholesale gas prices. Set by the energy regulator, Ofgem, the cap reflects the average annual dual-fuel bill for 29m households and takes effect from July until the end of September. The cap, which is set quarterly, will fall £122 in July from its current level of £1,690, easing the pressure on household finances. - Guardian
Thursday newspaper round-up: Mike Lynch, smart meters, Very Group
(Sharecast News) - San Francisco federal courthouse on Thursday as a key witness in his own criminal fraud trial, which began in March. US authorities have charged the former software tycoon with 16 counts of wire fraud, securities fraud and conspiracy relating to his company's acquisition deal with Hewlett-Packard in 2011. If convicted, Lynch faces up to 25 years in prison. He has pleaded not guilty. - Guardian
Wednesday newspaper round-up: Anglesey power station, electric cars, Eurostar passengers
(Sharecast News) - Ministers have earmarked north Wales as the site of a large-scale nuclear power plant, which is part of plans to resuscitate Britain's nuclear power ambitions. Wylfa on Anglesey (Ynys Môn) has been named as the preferred site for the UK's third major nuclear power plant in a generation, coming after EDF's Hinkley Point C nuclear plant, which is under construction in Somerset, and its Sizewell C nuclear project planned for Suffolk. - 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.