No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
(Sharecast News) - The EU's car industry has called for the UK to be fully included in new "made in Europe" rules that threaten to shut out British manufacturers from their biggest export market. The European Automobile Manufacturers Association (Acea) on Wednesday urged Brussels to give the UK, Turkey and Morocco "justified, targeted exemptions" to the rules, which will require cars and parts to be made within the EU to qualify for subsidies or public procurement. - Guardian
A billionaire hedge fund tycoon has warned that the UK is "no longer a serious contender" as a place to do business after losing a 200m tax battle. Michael Platt's BlueCrest Capital Management said Britain's status as a financial centre was under threat after the Supreme Court sided with HMRC in a long-running tax battle. The ruling leaves BlueCrest liable for 143m in income tax payments and more than 55m in National Insurance contributions. - Telegraph
Andy Burnham could unlock a 7bn investment boom by reopening the North Sea to new drilling, new analysis shows. Wood Mackenzie, an energy consultancy, said a "more supportive" political and regulatory regime under the presumptive next prime minister would attract billions in new investment and unlock hundreds of millions of barrels of oil. - Telegraph
A $3.7 billion deal by Getty Images for Shutterstock has been called off after the UK competition regulator made its approval conditional on the sale of part of the business. The major image-licensing companies had initially agreed to merge in January 2025 to combine forces against the rise of generative AI. - The Times
One of Britain's biggest water companies has come under fire from a leading shareholder advisory group over its plan to hand its boss a 435,000 annual allowance to counter the industry regulator's powers to clamp down on bonuses. United Utilities is asking its stock market investors to approve a new executive pay policy at a binding vote at its annual general meeting on July 17 but Institutional Shareholder Services (ISS) has told its clients to reject the proposals over concerns about the allowance, which would be paid to the chief executive, Louise Beardmore, in shares. - The Times
The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.