Smaller than expected hit from Hurricane Ian sees Hiscox weather storm November 2, 2022 Anglo-Bermudan insurance company Hiscox today said it had “performed well” in the previous quarter’s complex trading environment after taking a smaller than expected hit from Hurricane Ian. Hiscox said it expects to lose $135m (£117m) as a result of the Category 4 hurricane that made landfall in Florida this September – a sum “well within” [...]
UK to send NHS ambulances to Ukraine as conflict hammers local healthcare April 6, 2022 The UK is to send NHS ambulances to the Ukrainian towns and cities under attack from Russia, the government confirmed today. The 20-strong fleet will replace local ambulances which have been lost to Russian bombardments, amid the Kremlin-backed invasion of Ukraine. Foreign secretary Liz Truss said: “We have sadly seen day after day the [...]
Ukraine braces for renewed Russian offensive in the East April 11, 2022 Vladimir Putin is gearing up for a renewed offensive in the East of Ukraine as the town of Mariupol braces for what could be its last stand against Russian forces. Ukrainian President Volodymyr Zelensky today said “we are ready” for Russia’s push to take the entire Donbas region, which the Kremlin hopes will rejuvenate its [...]
Explainer-in-brief: Breaking the Odessa deadlock August 2, 2022 Yesterday the first container ship filled with grain left Ukraine after months of impasse. It was a huge breakthrough, enabled by a deal brokered by Turkey and the United Nations. The cargo ship was loaded with 26,000 tonnes of corn. It left Odessa, a Black Sea port that’s been blocked since the beginning of the [...]
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
Carpetright: Retailers urged to make ‘bold decisions early’ to avoid same fate July 15, 2024 Businesses have been urged to make "bold decisions early and "avoid kicking problems down the road" in the wake of reports that Carpetright is on the brink of collapse.
End of an era: Germany shuts down last three nuclear power plants April 16, 2023 Germany has pulled the plug on its last three nuclear power stations, ending a six-decade programme onc and for all.
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 [...]
Explainer-in-brief: Poland’s fighter jets pose problems for Nato March 10, 2022 Yesterday, the US made a decision which shocked many as President Biden refused to act as a go-between and send Polish fighter jets to Ukraine. For those clamouring for more support in Ukraine, it seemed nonsensical. But it is part of a broader line Western countries are trying to balance as they support Ukraine’s efforts [...]
Britain launches £75m nuclear fuel fund in renewed bid to wean UK off Russian energy January 2, 2023 The UK will continue to wean itself off dependence on Russian energy by ramping up nuclear fuel investment by £75m a year. Minister of State for Energy and Climate Graham Stuart announced the increase as the Kremlin’s war against Kyiv moves into 2023, and Europe looks to further isolate Moscow. The government will back nuclear [...]