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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.

Tuesday newspaper round-up: Food prices, Aston Martin, WANdisco

(Sharecast News) - The UK's biggest retailers have reported the first monthly fall in shop prices for two years, as stores tried to tempt in customers with big discounts during July's unseasonably wet weather. The British Retail Consortium (BRC) said its annual shop price inflation rate, compiled with the help of NielsenIQ, had declined to its lowest level of the year, sliding to 7.6% last month from 8.4% in June. - Guardian The UK competition watchdog has said it will decide whether to clear or block Microsoft's $69bn (£54bn) takeover of the video game developer Activision Blizzard by 29 August, as it gave fresh hope for the transaction by opening a new consultation on it. The Competition and Markets Authority, which had originally said in April it would block the deal to take over the owner of hit titles such as Call of Duty, World of Warcraft and Candy Crush, is seeking public contributions on whether it should clear it after a new submission from Microsoft. - Guardian

Vladimir Putin's decision to block Ukrainian grain exports means British families will face higher food prices for longer than expected, the supermarkets trade body has warned. Inflation has been falling in recent months but prices on global food markets have shot up in the past fortnight as Russia rains missiles down on Ukrainian ports used to transport grain. - Telegraph

Aston Martin will tap investors for £210m in an effort to pay off its debt pile which is weighing on the luxury carmaker. Shareholders including Yew Tree, the investment vehicle owned by Aston Martin's chairman Lawrence Stroll and Saudi Arabia's Public Investment Fund have agreed to subscribe to around £115m of the share placing, with the remaining stock made available to institutional investors. - Telegraph

WANdisco has demanded that two former executives repay $832,000 in bonuses to reflect a fraud scandal that has shattered the company's value. The data software specialist has written to David Richards, its co-founder and former chief executive, and Erik Miller, the former finance director, to request the return of bonuses paid last year. - The Times

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Monday newspaper round-up: Zuber Issa, Thames Water, BAE Systems
(Sharecast News) - There is "no route to net zero" that ignores the real concerns of businesses, a cabinet minister has warned, as the government prepares to reduce financial penalties handed to carmakers not selling enough electric cars. Ministers are also looking at how cheaper loans could be introduced to help people buy an electric vehicle (EV), after a wave of job losses and closures in which carmakers blamed the onerous fines they were facing. - Guardian
Jefferies upgrades Anglo American to 'buy'
(Sharecast News) - Jefferies upgraded Anglo American to 'buy' from 'hold' on Friday and lifted its price target to 2,850p from 2,500p following the recent share price decline.
Friday newspaper round-up: House sales, fuel prices, The Telegraph
(Sharecast News) - House sales are expected to accelerate over the next four months as buyers seek to benefit from tax breaks that are due to run out in April 2025, according to the online property website Zoopla. The number of home sales increased across the UK this year, pushing up prices by 1.5% in the year to October. Next year prices are expected to rise by 2.5% and transactions will jump by 5%, the website said. - Guardian
Friday newspaper round-up: House sales, fuel prices, The Telegraph
(Sharecast News) - House sales are expected to accelerate over the next four months as buyers seek to benefit from tax breaks that are due to run out in April 2025, according to the online property website Zoopla. The number of home sales increased across the UK this year, pushing up prices by 1.5% in the year to October. Next year prices are expected to rise by 2.5% and transactions will jump by 5%, the website said. - 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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