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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.

Wednesday newspaper round-up: Anglesey power station, electric cars, Eurostar passengers

(Sharecast News) - Ministers have earmarked north Wales as the site of a large-scale nuclear power plant, which is part of plans to resuscitate Britain's nuclear power ambitions. Wylfa on Anglesey (Ynys Môn) has been named as the preferred site for the UK's third major nuclear power plant in a generation, coming after EDF's Hinkley Point C nuclear plant, which is under construction in Somerset, and its Sizewell C nuclear project planned for Suffolk. - Guardian Hybrid and electric cars are more likely to strike pedestrians than petrol or diesel vehicles, particularly in towns and cities, according to an analysis of British road traffic accidents. Data from 32bn miles of battery-powered car travel and 3tn miles of petrol and diesel car trips showed that mile-for-mile electric and hybrid cars were twice as likely to hit pedestrians than fossil fuel-powered cars, and three times more likely to do so in urban areas. - Guardian

A bank boss who earns £3.3m a year has admitted he only took the job on condition that he was allowed to work from home. Mike Regnier, the chief executive of Britain's fifth-largest lender Santander UK, said he was convinced to accept the role after the bank allowed him to work out of the office most of the time. The 52-year-old spends up to two days a week working in the bank's main offices in Milton Keynes and London, and the rest of the week from his home in Harrogate, North Yorkshire, or travelling the country. - Telegraph

Eurostar passengers at St Pancras station will be forced to negotiate a five-step check-in process under strict new EU rules, providing their fingerprints and a mugshot twice and answering a series of questions on the nature of their trip. People planning to travel through the Channel Tunnel will be sent a guide to the new system as soon as they book, including a flow chart and checklist detailing each stage of the process and explaining why it is being implemented. - Telegraph

The seaside resorts of Bournemouth, Sidmouth and Bexhill-on-Sea have been identified as among the fastest-growing engines of small-scale British enterprise. Traditionally better known for their holidays and beaches, the towns are attracting a new generation of entrepreneurs. Analysis of digital data by GoDaddy, the website hosting company, found that Suffolk Coastal, which includes Felixstowe, saw the density of microbusinesses increase by 54 per cent in the 12 months until April. That is more than ten times the average UK growth rate of 5 per cent. - The Times

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Monday newspaper round-up: Coal power plant, Deloitte, RBS scandal
(Sharecast News) - Britain's only remaining coal power plant at Ratcliffe-on-Soar in Nottinghamshire will generate electricity for the last time on Monday after powering the UK for 57 years. The power plant will come to the end of its life in line with the government's world-leading policy to phase out coal power which was first signalled almost a decade ago. - Guardian
Friday newspaper round-up: Gambling ads, road building schemes, public sector pensions
(Sharecast News) - Ministers have been urged to intervene to stop football clubs from setting their own rules on curbing gambling advertising, after research showed Premier League fans were bombarded with nearly 30,000 gambling messages on a single weekend. Clubs in the top flight have so far avoided compulsory restrictions on gambling sponsorship, instead addressing public concern through voluntary measures such as a ban on front-of-shirt logos, starting in 2026. - Guardian
Thursday newspaper round-up: JLR, electric cars, Royal Mail
(Sharecast News) - Rachel Reeves is pushing for the UK's tax and spending watchdog to upgrade its national growth forecasts to reflect the economic boost Labour says can be achieved from its blitz of planning reforms. In a development that could open up additional spending headroom for the chancellor before next month's budget, the Treasury has held talks with the Office for Budget Responsibility to try to persuade its officials that unblocking the planning system could drive up growth. - Guardian
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

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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