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: Betfred, rail strikes, EDF

(Sharecast News) - The bookmaker Betfred has been fined nearly £2.9m for failings in its social responsibility and money-laundering controls, after accepting tens of thousands of pounds from gamblers without performing adequate safety checks. One customer was allowed to lose £70,000 over a 10-hour period just a day after opening their account, the Gambling Commission said. - Guardian No trains will run between London and Britain's biggest cities this Saturday as multiple unions combine strikes, the rail industry has confirmed. Timetables for 1 October have been published, with the overall service cut to just 11% of the normal schedule, when Aslef, RMT and some TSSA and Unite members are walking out for 24 hours in the long-running dispute over pay and conditions. - Guardian

EDF is exploring keeping two of its UK nuclear power stations open for longer than planned amid growing concern over energy shortages. The French state-owned company said it will review its current plans to close Hartlepool and Heysham 1 in March 2024 "with an ambition to generate longer if possible". - Telegraph

Britain will suffer a "rapid and significant detrimental impact on trade and travel" with Europe if Brussels refuses to soften new border checks due to come in next year, the boss of the Port of Dover has warned. Biometric controls are due to be introduced next May, replacing the "wet stamping" of passports, which was brought in after Britain left the EU. - Telegraph

Britain's biggest carmaker has revealed the scale of efforts to retrain its workforce to cope with the shift to zero-emission vehicles. Jaguar Land Rover said 10,000 workers in the UK alone, both in its facilities and those employed by dealers selling Jaguars, Range Rovers and Land Rovers, would have to go through retraining programmes. - The Times

Share this article

Related Sharecast Articles

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.

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.