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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: NatWest, working from home, Tripledot

(Sharecast News) - NatWest has become the first bank in 2022 to announce it will close some of its outlets as customers shun branches for mobile banking. The high street lender will shut 32 branches across its NatWest and Royal Bank of Scotland brands in England and Wales over the next year. - Guardian

The major buy now, pay later companies Clearpay, Klarna, Laybuy and Openpay have agreed to change "potentially unfair and unclear" terms and conditions after an intervention from the financial regulator. The Financial Conduct Authority (FCA) said it was able to use consumer law to enforce the changes. However, the regulator acknowledged that it was still lacking the powers to regulate the sector to the same standard as other consumer credit companies. - Guardian

Working from home was more expensive than going to the office for one in five workers last month, as rising household bills undermined the financial benefits of avoiding the commute. The largest proportion of respondents to an Office for National Statistics survey - almost half - said working from home still offered savings on their pre-pandemic lifestyle. - Telegraph

One of Britain's fastest-growing technology companies has secured $116 million in investment in a deal that gives it a "unicorn" valuation of $1.4 billion. The London-based Tripledot Studios, which makes smartphone games such as Woodoku, a woodblock-style puzzle, said that it would use the funds to develop titles and acquire rival studios. - The Times

An "urban miner" that recycles metals for reuse in electric vehicle batteries is preparing to list in London. Neometals, which is already listed in Australia with a valuation of about £400 million, is seeking a dual-listing on Aim, London's junior stock market. Chris Reed, its chief executive, described Neometals as a "new-age urban miner", adding: "We're like the Wombles, making good use of the things that we find. Just think of me as Orinoco." - The Times

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Sunday newspaper round-up: Panama Canal, Warhammer, Thames Water
(Sharecast News) - Donald Trump is asking that the Panama Canal be returned to the US unless Panama addresses his criticism of how the waterway is managed. In a post on social media platform Truth Social, Trump described the current arrangement as a complete 'rip-off' which will "immediately stop". He also warned against that the key interoceanic route would not be allowed to fall into the "wrong hands". He also appeared to caution against possible Chinese influence in the canal. - Guardian
Friday newspaper round-up: Aldi, Richard Desmond, Collateral
(Sharecast News) - The grocery industry watchdog is to make a rare intervention in a Yorkshire sprout grower's £3.7m legal case against Aldi over the discount chain's decision to terminate a long-term supply deal. In papers filed at the high court, W Clappison Ltd, which produced sprouts for Aldi's UK arm for 13 years, said its supply agreement was ended in February last year at planting time without reasonable notice so it was unable to find new clients immediately. It said it was forced to cease sprout production and sell off its machinery. - Guardian
Friday newspaper round-up: Aldi, Richard Desmond, Collateral
(Sharecast News) - The grocery industry watchdog is to make a rare intervention in a Yorkshire sprout grower's £3.7m legal case against Aldi over the discount chain's decision to terminate a long-term supply deal. In papers filed at the high court, W Clappison Ltd, which produced sprouts for Aldi's UK arm for 13 years, said its supply agreement was ended in February last year at planting time without reasonable notice so it was unable to find new clients immediately. It said it was forced to cease sprout production and sell off its machinery. - Guardian
Thursday newspaper round-up: Water bills, Brexit, Imperial Brands
(Sharecast News) - Households in England and Wales will see their water bills rise by an average of £31 a year, as suppliers pay to fix leaky pipes and cut pollution. The industry regulator Ofwat said on Thursday it would allow companies to raise average bills will rise by £157 over five years to an average of £597 by 2030 to help pay for investment. - 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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