Fidelity Top Stories
IATA downgrades 2020 forecasts after 'worst-ever' summer
The International Air Transport Association has cut its traffic forecasts for 2020 after a “dismal” end to the northern hemisphere’s summer travel season.
Mortgage approvals surge to 13-year high
Mortgage approvals soared to a near 13-year high in August, official data showed on Tuesday, as the stamp duty holiday helped further boost pent-up demand.
Tesla's Musk doubles down on plans for Starlink IPO
Tesla boss Elon Musk doubled down on the firm's promise to let retail investors in on the initial public offering of its space-based internet business, Starlink.
ScS swings to FY loss but reports sales surge after lockdown
Sofa chain ScS swung to an annual loss due to the coronavirus lockdown, but reported a huge rise in sales at the end of the financial year as measures were eased.
Greggs warns on job losses amid 'uncertain' outlook
High Street baker Greggs warned of job cuts and reduced hours for staff in the face of expected lower demand despite better trading in September after a slow August.
FCA wants deal on business insurance claims by Wednesday
The Financial Conduct Authority said it had filed an appeal in a test case on business interruption claims related to the Covid-19 pandemic in case insurers failed to reach a deal on payouts to policyholders by Wednesday.