Tuesday newspaper round-up: Netflix, equality, Brexit, investment platforms

Netflix, the streaming giant behind hits like The Crown and Stranger Things, missed its own forecasts by more than a million subscribers, sending its shares down sharply. The company second-quarter results, announced on Monday, spooked investors and suggested the company’s explosive subscriber growth may now be slowing. Netflix shares fell 14% to $346.05 in after-hours trading in New York. For the second quarter, Netflix reported a profit of $384.3m, or 85 cents a share, up from $65.6m, or 15 cents a share, a year earlier. - Guardian

Government ministers and Britain’s equalities watchdog are failing to save more than a million older workers from discrimination, bias and outdated employment practices, according to a group of MPs. In a highly critical report for the government, the women and equalities committee said the talents of older workers were going to waste because too little was being done to enforce discrimination law. – Guardian

Rupert Murdoch’s attempt to combine his British newspapers with radio stations made a slow start, accounts reveal, as audiences and profits at TalkSport declined in its first 18 months as part of News UK. The publisher of The Sun and The Times bought the broadcaster for £220m as part of the takeover of Wireless Group in 2016. It is also behind the TalkRadio, home to a show hosted by the former MP George Galloway, and a relaunched Virgin Radio music station, as well as a clutch of local brands across the country. – The Telegraph

David Davis has warned that Britain risks "giving up a real future" over Brexit in his first intervention since quitting the Cabinet over Theresa May's Chequer's compromise. The Brexit Secretary said that the EU is "slow and not very effective" and warned that Britain benefits the least from its current free trade with Brussels. – The Telegraph

Theresa May’s compromise deal on Brexit was on the brink of collapse last night after she capitulated to concessions designed by Leave-voting Conservatives to kill off the plan. The prime minister bowed to pressure from Brexiteers and accepted four amendments to a key piece of legislation, including one intended to scupper her proposal for a customs deal. No 10 disputed claims that the new amendment killed her plan, known as the facilitated customs agreement, and insisted that Mrs May was happy to make the change. – The Times

Customers of some of the biggest investment platforms could be paying up to ten times more than they would for a near-identical service, the financial regulator has warned. A report by the Financial Conduct Authority into platform providers said that the likes of Hargreaves Lansdown and Interactive Investor could be making it difficult for customers to shop around for the best deal, meaning that they could be overpaying. – The Times