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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: 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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