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.

Friday newspaper round-up: National Express, Southend airport, pensions

(Sharecast News) - More than 3,000 National Express bus drivers in the West Midlands have voted to strike over pay, starting on 16 March, the same day as the next RMT train strike. The Unite union said members voted 96% in favour of industrial action, on a turnout of 72%. The workers will begin "all-out continuous" strike action on Thursday 16 March, the union said, with industrial action to carry on until the dispute is resolved. - Guardian Nobel Prize-winning economist Joseph Stiglitz declared almost a decade ago that 2014 "was the last year in which the United States could claim to be the world's largest economic power." It was, he claimed, the start of the "Chinese century". He was wrong: the US remains the world's largest economy. Yet experts keep predicting that China will soon become the preeminent global superpower, now believing that China's GDP will overtake America in the late 2030s. - Telegraph

Hooking up millions of electric vehicles, heat pumps and other devices to the UK's electricity grid could save up to £4.7bn a year by the end of this decade, the energy watchdog has predicted. Ofgem on Thursday set out proposals for how the electricity grid of the future could work, using technology to ensure infrastructure is used as efficiently as possible. - Telegraph

Esken, the listed company spun out of the old Eddie Stobart trucking business that plans to create a sixth London airport at Southend, has announced that it is to sell the empty site as well as other assets. The former Stobart Group changed its name to Esken, which means "arise" in old English, in an attempt to get away from a controversial past punctuated by High Court litigation. - The Times

An ambitious state-backed project intended to enable everyone in Britain to see all their pension arrangements on one screen has been delayed because of the complexity of connecting the first pension schemes. The government said yesterday that "additional time" was needed for pensions providers to meet the deadline of August 31 to connect to the central computer system of the "pensions dashboard programme". - The Times

Share this article

Related Sharecast Articles

Wednesday newspaper round-up: Wealth tax, net zero economy, Sizewell C
(Sharecast News) - The London stock market risks "drifting into irrelevance" without government and regulatory reforms, ranging from tax breaks for stock market listings to looser bonus rules for directors, a lobbying group has said. The 20 recommendation put forward by the Confederation of British Industry (CBI), which lobbies on behalf of UK businesses, suggest financial incentives, marketing campaigns and boardroom pay are central to guaranteeing the future success of the London Stock Exchange, which has been losing stock market listings and floats to foreign rivals. - Guardian
Tuesday newspaper round-up: NDAs, Amazon, wealth tax, Seraphine
(Sharecast News) - Bosses in the UK will be banned from using non-disclosure agreements to silence employees who have suffered harassment and discrimination in the workplace as part of the government's overhaul of workers' rights. Ministers will on Monday night table amendments to the government's employment rights bill to prohibit the widespread practice of using legally enforceable NDAs to conceal unacceptable behaviour at work. - Guardian
Monday newspaper round-up: EasyJet staff, hiring confidence, Apple
(Sharecast News) - Donald Trump has said that his administration plans to start sending letters on Monday to US trade partners dictating new tariffs, amid confusion over when the new rates will come into effect. "It could be 12, maybe 15 [letters]," the president told reporters, "and we've made deals also, so we're going to have a combination of letters and some deals have been made." - Guardian
Sunday newspaper round-up: Trade, AstraZeneca, Tax hikes
(Sharecast News) - Brussels is heading into a critical week, with just two to go to clinch a trade agreement with the US or face a 50% levy on its exports. At stake are €1.6trn in transatlantic trade. Germany is down as favouring a quick deal akin to that inked by the UK so as to avoid a full-blown trade war. Paris on the other hand believes that the EU should hold out if too quick a deal is "imbalanced" - 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.