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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: Energy suppliers, Boeing, Thames Water

(Sharecast News) - EDF, Utilita and British Gas have been named as the worst energy suppliers for customer service, as research shows industry standards have slipped sharply. Citizens Advice said customer service ratings across the industry were among the lowest ever between January and March and average ratings had fallen by 10.5% compared with the same period in 2021. - Guardian Qantas has dropped out of a ranking of the top 20 best airlines in the world a month after it agreed to a $100m fine for allegedly selling flights to customers which did not exist. In this year's world airline awards by Skytrax, Qantas dropped seven places, from 17th to 24th, while Qatar Airways was named the world's best airline ahead of Singapore in second place. - Guardian

Boeing should face criminal charges after violating a settlement over two fatal crashes involving its 737 Max aircraft, US prosecutors have said. The aerospace giant has been accused of breaching a settlement related to the crashes, which took place in 2018 and 2019. The two crashes in Indonesia and Ethiopia killed 346 people, resulting in the longest grounding of a commercial jet in US history for the 737 Max. US prosecutors have said that Boeing violated the terms of its settlement and have recommended that the Department of Justice bring criminal charges, according to Reuters. - Telegraph

Britain's ambitions to become a global leader in artificial intelligence are being put at risk by substandard mobile data networks, the boss of Vodafone has cautioned. In a strongly worded warning, Margherita Della Valle told The Times that this means the UK will be less quick to adopt and take advantage of the technology than its rivals. - The Times

A Labour government would be opposed to renationalising Thames Water, the troubled utility firm with a highly uncertain future. Jonathan Reynolds, the shadow business and trade secretary, said "people should not expect the state to bail out bad investments". His comments come days before the general election next Thursday. - The Times

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Monday newspaper round-up: Investment bankers, energy price cap, Raspberry Pi
(Sharecast News) - London's investment bankers are expected to rake in bigger bonuses this financial year, as the City begins to recover from a two-year slump in deals caused by surging interest rates. Demand for investment banking services - such as facilitating mergers and acquisitions, advising companies and governments on fundraising, and underwriting new stock and bonds - was hit by a sharp increase in borrowing rates after the pandemic, as central banks acted to tame runaway inflation. Jobs and pay were cut as investment banks sought to reduce costs. - Guardian
Sunday share tips: Eco Animal Health, Intertek
(Sharecast News) - The Financial Mail on Sunday's Midas column tipped shares of Eco Animal Health to its readers, touting the company's animal drug pipeline.
Sunday newspaper round-up: Britvic, Prices of UK homes, BT Group
(Sharecast News) - Aviva, one of the ten largest shareholders in Britvic, thinks that Carlsberg needs to raise its takeover offer. During the preceding week, Britvic had let it be known that it had already rebuffed two acquisition offers from the Danish brewer, the highest of which had been for £3.1bn. In particular, Aviva said that Carlsberg was not taking sufficiently into account how Britvic's finances were expected to improve over the next few years. - The Financial Mail on Sunday
Friday newspaper round-up: Port Talbot, Elon Musk, Amazon
(Sharecast News) - Tata Steel has told workers it could to cease operations at its steel plant in Port Talbot months earlier than planned because of a strike. The company had been planning to shut down one of the blast furnaces by the end of June and the second one by September. But workers at the south Wales site have been told that Tata plans to cease operations at both furnaces no later than 7 July because of the strike by members of Unite, which starts the following day. - 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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