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.

Wednesday newspaper round-up: Rolls-Royce Motor Cars, Shein, JPMorgan Chase

(Sharecast News) - The UK's advertising watchdog has banned a campaign by an online investment company predominantly targeting Muslims that featured images of euros and US dollars and the words "The United States of America" in flames alongside a call to "join the money revolution". Wahed Invest Ltd, an online investment platform, ran six posters on various Transport for London (TfL) services, including the London Underground and on buses, last September and October. - Guardian

Rolls-Royce Motor Cars has said it will invest £300m in expanding its Goodwood factory in West Sussex to meet the growing demand for bespoke upgrades, after the luxury carmaker recorded its third-highest annual sales in 2024. The investment will extend the luxury carmaker's manufacturing facility as it gradually moves away from V12 petrol engines to battery electric vehicles, as well as increasing its capacity to fulfil the whims of some of the world's richest people. - Guardian

An overtime ban at Britain's aviation regulator could delay aircraft upgrades, the Prospect union claimed, including a revamp of first-class cabins at British Airways. Prospect said 360 members employed by the Civil Aviation Authority (CAA) will begin a work-to-rule on January 20 in protest against the public body imposing a 3-4pc pay rise. - Telegraph

Shein's London float has been thrown into further doubt after it was accused by MPs of behaviour that "bordered on contempt" by repeatedly refusing to answer questions over the origins of its cotton sourcing. The Chinese-founded fast-fashion giant, which is hoping to list in the UK this year, was summoned by parliament to provide evidence to the business and trade select committee on Tuesday after concerns over labour practices in its supply chain. - The Times

JPMorgan Chase is planning to order all its staff back to the office five days a week, in the latest crackdown on hybrid working policies introduced during the pandemic. America's biggest bank, which employs more than 300,000 people worldwide and about 22,000 in the UK, is preparing to end remote working for thousands of staff. - The Times

Share this article

Related Sharecast Articles

Friday newspaper round-up: Apple, Daily Mail, OpenAI, Homebase
(Sharecast News) - Apple slightly beat analysts' expectations in its first-quarter earnings for fiscal year 2025 on Thursday. The iPhone-maker's revenue rose by 4%, coming in at $124.30bn, barely above estimates of $124.12bn. Earnings per share were $2.40, just ahead of analysts' expectations of $2.35. Shares rose more than 8% in extended trading after CEO Tim Cook indicated in an earnings call on Thursday that Apple is on the trajectory for revenue growth next quarter. - Guardian
Thursday newspaper round-up: Car production, UK retailers, water bills, KPMG
(Sharecast News) - The architect of a ban on newspaper takeovers by foreign states has demanded that an Abu Dhabi fund be forced to sell The Telegraph by Easter. Baroness Stowell, the Conservative chairman of the Lords communications and digital committee, said the Government should impose an ultimatum on RedBird IMI. It should be backed by the threat of regulatory action, she said, to strip the fund of control of what has been dubbed "the newspaper auction from hell". - Telegraph
Thursday newspaper round-up: Car production, UK retailers, water bills, KPMG
(Sharecast News) - The architect of a ban on newspaper takeovers by foreign states has demanded that an Abu Dhabi fund be forced to sell The Telegraph by Easter. Baroness Stowell, the Conservative chairman of the Lords communications and digital committee, said the Government should impose an ultimatum on RedBird IMI. It should be backed by the threat of regulatory action, she said, to strip the fund of control of what has been dubbed "the newspaper auction from hell". - Telegraph
Wednesday newspaper round-up: Starbucks, JPMorgan, Santander
(Sharecast News) - Rachel Reeves is unveiling plans to create "Europe's Silicon Valley" between Oxford and Cambridge as she stakes the government's success on kickstarting economic growth and putting more pounds in people's pockets. The chancellor will announce a blueprint to improve infrastructure across the region that will add up to £78bn to the UK economy within a decade, according to industry experts, and put it at the forefront of science and technological advances. - 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.