Explainer: What if Ben Wallace becomes NATO chief? June 7, 2023 Rishi Sunak is in the United States to meet with President Joe Biden for the fourth time this year. His agenda is packed, and the main topic of discussion with Biden is expected to be artificial intelligence. Indeed, Sunak hopes to drum enthusiasm up for the UK as a global leader in AI regulation. Although [...]
London firm Shipleys investigated over audit of Russian fintech Zaim Credit Systems January 18, 2023 The UK’s accounting regulator has launched an investigation into London accounting firm Shipleys over its audit work for the UK-listed holding company of Russian fintech firm Zaim Express. The Financial Reporting Council (FRC) said today that it has decided to open an investigation into the firm’s audit of Zaim Credit Systems’ 2021 accounts. The FRC’s [...]
Reduced flows return to Nord Stream pipeline as winter crisis looms across Europe July 21, 2022 Nord Stream 1 has begun pumping gas into Europe again, following a 10-day outage this month, but fears remain over supply shortages this winter.
London-listed mining group plots copper spree after £223m Turkey deal July 18, 2024 London listed mining group ACG is gearing up for a global deals spree after snapping up a Turkish copper mine for $290m (£223m) today.
British American Tobacco investors hope to cash in on pivot to vape sales June 2, 2023 Investors will be hoping Lucky Strike maker British American Tobacco (BAT) has stubbed out historic misconduct issues and is cashing in on its pivot to vapes and e-cigarettes. The FTSE 100-listed giant will give an update on its progress with a new boss at the helm when it unveils its trading update on Tuesday. The [...]
G7 confirms plans to cap Russian oil prices September 2, 2022 Plans to impose an energy price cap on Russian oil are expected to be firmed up by G7 finance ministers when they meet later today.
UK has enough gas for summer demand, National Gas Transmission confirms April 18, 2023 The UK will have sufficient gas supply to meet demand from April to September and is expected to sustain flows to Europe
Oil suffers biggest drop in five weeks as Federal Reserve signals more interest rate hikes March 10, 2023 Oil is heading for its biggest weekly loss in five weeks, fuelled by investor fears over steep interest rate hikes in the US.
Sunak says ‘nothing is off the table’ as Zelensky asks UK for fighter jets February 8, 2023 Prime Minister Rishi Sunak has said “nothing is off the table” after Ukrainian president Volodymyr Zelensky asked the UK to supply him with fighter jets to battle Putin’s army. The two leaders spoke at a joint press conference at an army base today after the Ukrainian wartime president flew to the UK and implored the [...]
EU countries seek legal option to stop Russian LNG imports March 29, 2023 EU countries agreed on Tuesday to seek a legal option to stop Russian companies sending LNG gas supplies to EU nations.