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Monday newspaper round-up: JCB, Eurostar, used cars, Devolver Digital

(Sharecast News) - The construction equipment maker JCB has signed a multibillion-pound deal to import and supply hydrogen produced using renewable energy. As the Cop26 climate conference got under way in Glasgow, the company announced a deal with Australia's Fortescue Future Industries (FFI) that will allow it to start selling "green" gas through a specialist division, Ryze Hydrogen, from early next year. - Guardian Almost a quarter of workers are actively planning to change employers in the next few months, a report has claimed, as part of a "great resignation" prompted by a high number of vacancies and burnout caused by the pandemic. A survey of 6,000 workers by the recruitment firm Randstad UK found that 69% of them were feeling confident about moving to a new role in the next few months, with 24% planning a change within three to six months. - Guardian

Eurostar's boss has dismissed the threat of Spain running services through the Channel Tunnel, claiming red tape means it will take years for a rival rail operator to get up and running. However, HS1, which owns the tracks that Eurostar uses, is holding talks with a clutch of foreign train operators to convince them to launch rival international train services to the UK. - Telegraph

The Dacia Sandero has been Britain's cheapest new car for almost a decade, but the chip crisis means buyers can now resell their vehicles for a huge premium just months after driving off the forecourt. Used Sanderos with 10,000 miles on the clock are now selling for almost £11,700 on average, or about £1,900 more than a new model. - Telegraph

The banking industry's new small business compensation scheme has been described as an embarrassment after it concluded only eight cases and just one company received a payout. A parliamentary group that helped to establish the Business Banking Resolution Service, set up to compensate victims of banking scandals, urged Rishi Sunak to change its rules. - Telegraph

The American games publisher behind the lockdown hit Fall Guys: Ultimate Knockout is to float on the London stock market this week with a valuation of about £700 million. Devolver Digital is aiming to sell £200 million of shares to new investors, with existing backers, including its management team, offloading more than £150 million of stock. - The Times

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Wednesday newspaper round-up: Aviva Investors, HSBC, car finance
(Sharecast News) - One of the UK's biggest pension funds has lost more than £350m on a series of "calamitous" investments in incinerator power plants that are expected to go bust in the coming days. The Guardian understands that Aviva Investors will put three incinerators into administration this week after pouring millions of pounds into what has been described as the country's "dirtiest form of power generation". - Guardian
Tuesday newspaper round-up: Starling Bank, Asos, Morrisons
(Sharecast News) - Staff have resigned at Starling Bank after its new chief executive demanded thousands of workers attend its offices more regularly, despite lacking enough space to host them. In his first major policy change since taking over from the UK digital bank's founder, Anne Boden, in March, Raman Bhatia has ordered all hybrid staff - many of whom were in the office only one or two days a week, or on an ad-hoc basis - to travel to work for a minimum of 10 days each month. - Guardian
Monday newspaper round-up: Energy bills, Black Friday, Lloyds Bank, Sephora
(Sharecast News) - Household energy bills across Great Britain are set to rise at the start of next year, analysts predict, putting more pressure on household finances. Officially, the price cap for January-March 2025 will be set on Friday morning by regulator Ofgem, limiting what energy providers can charge in England, Scotland and Wales. - Guardian
Sunday newspaper round-up: Kursk, AstraZeneca, BAE Systems
(Sharecast News) - America's President has authorised Ukraine to employ long-range ATACMS supplied by the US to strike targets inside Russia. More specifically, Kyiv will now be allowed to strike targets within the Kursk region, the New York Times reported. Speculation may increase that permission from Britain, the US and France to do the same with Storm Shadow missiles could follow. Joe Biden's decision is said to have been triggered by the appearance of North Korean troops in the Kursk region. - The Sunday Telegraph

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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