Defence secretary refuses to confirm whether UK missiles were used against Russia Politics The defence secretary has insisted he “won’t be drawn on operational details” of the conflict in Ukraine amid reports UK-made missiles have been fired into Russia. Russia’s military said it has shot down two UK-made Storm Shadow missiles, following reports that debris from the weapons had been discovered in the country’s Kursk region, which borders [...]
Ford to cut hundreds of UK jobs in sweeping round of European layoffs The cuts will take place by the end of 2027 and make up around 14 per cent of the firm's workforce in Europe, which totals 28,000.
Russian Olympic champion sanctioned by UK over aiding “forced deportation” of Ukrainian children Sport Russian former Olympic champion gymnast Nikita Nagornyy has been sanctioned by the UK Government for helping to forcibly deport Ukrainian children. Nagornyy, 27, was added to the Foreign, Commonwealth and Development Office UK Sanctions List on Tuesday for his part in what it called the “forced deportation and re-education of Ukrainian children”. Nagornyy, described by [...]
Japanese minister visits Ukraine over North Korean troops November 16, 2024 Japan’s foreign minister has arrived in Kyiv to discuss North Korea’s deepening military alliance with Russia, including the deployment of thousands of troops to support Moscow’s war in Ukraine. Takeshi Iwaya will meet his Ukrainian counterpart, Andrii Sybiha, to reaffirm Japan’s “strong support” for Ukraine against Russia’s invasion and to discuss further sanctions against Moscow, [...]
Ex-BP boss says Labour is ‘ignoring’ UK’s energy needs November 12, 2024 The new government’s decision to divest from North Sea oil and set up a state-owned renewable energy company is the “last thing” it should be doing, the former chief executive of BP has said. Bob Dudley, who ran the British petrochemical giant BP for ten years, told City AM that energy secretary Ed Miliband was [...]
Ben Wallace says ‘momentum has dropped back’ on Ukraine November 9, 2024 His comments come amid uncertainty over the future of US backing for Ukraine after Donald Trump’s election victory this week.
Salesforce cuts over 450 UK jobs as profit spikes November 7, 2024 The UK arm of cloud-based software giant Salesforce cut more than 450 jobs in the year its profit jumped by over 70 per cent. The London-headquartered division of the US group decreased its headcount from 3,427 to 2,964 in the 12 months to 31 January, 2024, newly-filed accounts with Companies House have revealed. The new [...]
Nato supplier Chemring reveals £278m boost as geopolitical tensions fuel boom November 4, 2024 Shares in Chemring are up over 26 per cent in the last 12 months and rose nearly two per cent in early trading on Monday.
Boost for Boehly at last: Is Chelsea chairman’s luck turning? October 31, 2024 Things are looking up for Todd Boehly: while Chelsea are enjoying their best run of form since he became chairman, another of his sports teams, the LA Dodgers, have just won baseball’s World Series. The Dodgers secured their eighth title on Wednesday night when they clinched a 4-1 series win over the New York Yankees [...]
Insolvencies at fashion manufacturers jump on cocktail of cost pressures October 29, 2024 Insolvencies at UK fashion manufacturers have risen by nearly a quarter in the past year as a combination of supply and demand pressures has driven firms under while customers switch to pre-loved clothing. According to Forvis Mazars, the international tax and advisory firm, over 100 companies went bust in the year to July 2024, up [...]