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Tuesday newspaper round-up: Airbus, Boden, Amazon

(Sharecast News) - Alison Rose, the former chief executive of NatWest, has taken a job as an adviser to one of the UK's top law firms as she tries to return to the City after a career-damaging row with Nigel Farage last year. Rose is joining Mishcon de Reya as a diversity and inclusion adviser, a role that will involve mentoring some of the firm's partners. She will also work closely with the equity, diversity and inclusion committee at the firm, which is known for having represented Diana, Princess of Wales during her divorce. - Guardian The online gambling company Sky Betting & Gaming has been reprimanded by the data regulator for unlawfully sharing customers' information with advertising companies that could then target those users with personalised marketing. The Information Commissioner's Office (ICO) said it had investigated Bonne Terre Ltd, trading as Sky Betting & Gaming, after a complaint by the campaign group Clean Up Gambling. - Guardian

Airbus is preparing to revive plans for a new helicopter factory in the UK as part of its attempt to secure a £1bn contract from the Ministry of Defence (MoD). The manufacturing giant has indicated it could proceed with the plant after reversing its decision to pull out of the bidding to replace the RAF's Puma helicopter fleet last month. At the time of its withdrawal, Airbus said the terms of the MoD's tender weren't sufficiently attractive for it to proceed. - Telegraph

"I made a series of mistakes and felt like a fool," the boss of Boden has admitted after his preppy British fashion brand sank further into the red last year. Losses at the London-based clothing and lifestyle retailer widened to £9.4 million in the 12 months to the end of December, compared with a loss of £3.9 million in the previous year. - The Times

Amazon employees have been told to return to working from the office five days a week from the start of next year, as the giant online retailer reverses a host of pandemic-era policies. Hot-desking will be scrapped in offices which were previously designed to have allocated desks for individuals. Layers of management will be removed to cut back on unnecessary meetings. - The Times

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Wednesday newspaper round-up: Visa, Caroline Ellison, Brookfield
(Sharecast News) - Business leaders have warned that the government's plans for a major global investment summit are in danger of falling flat, amid growing frustrations over high costs of involvement and its timing two weeks before the budget. As a central plank in Labour's proposals to drive up investment in Britain, the party pledged in the general election campaign to host the summit within the first 100 days of winning power to show that the UK would be "open for business" under a new government. - Guardian
Monday newspaper round-up: Pubs, petrol prices, passive funds
(Sharecast News) - Fifty pubs a month closed for good across England and Wales in the first half of this year, with experts warning that tax rises in 2025 could make it even harder for some businesses to keep their doors open. Analysis by the real estate intelligence company Altus found that 305 pubs were forced to shut their doors permanently in the first six months of the year, meaning the number of pubs in England and Wales fell to 39,096 at the end of June. - Guardian
Sunday newspaper round-up: Regulated Utilities, Rolls-Royce, Fuel allowance
(Sharecast News) - Singapore sovereign wealth fund GIC is among several international investors who have told the government that they will not look at opportunities in the UK regulated utility sector in the wake of crisis around Thames Water. It is understood that one person at the meeting said that the "UK is totally off our radar at the moment" due to regulators having become "too unpredictable". However, GIC was said to remain bullish on other UK investment opportunities notwithstanding their negativity towards UK regulated utilities. - The Sunday Times
Friday newspaper round-up: Workers' rights, Wimbledon, Glencore execs
(Sharecast News) - Trade union leaders will meet senior ministers on Saturday for crunch talks on the government's workers' rights package, as the government looks to head off a potentially damaging row at Labour conference. General secretaries from the 11 unions affiliated to Labour will meet Angela Rayner, the deputy prime minister, and Jonathan Reynolds, the business secretary, on the eve of conference to thrash out details of the package, sources have told the Guardian. - 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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