UK minister says Russian regime change ‘up to Russian people’ in Biden rebuke March 27, 2022 Education minister Nadhim Zahawi has said it is “up to the Russian people” whether or not they remove Vladimir Putin in an apparent rebuke of Joe Biden’s comments in Poland yesterday. The US President said last night in Warsaw that Putin “cannot remain in power”, before White House officials quickly backtracked and said Biden was [...]
£24bn Brexit rebound: UK goods imports from EU overtake non-EU trade while Russian influx soars March 12, 2022 Goods imports from the EU rebounded fat the start of 2022, despite uncertainty over changes in HMRC methodology, to overtake Non-EU countries, after non-EU imports of goods to the UK surpassed those from the EU for the first time in 2021 since the ONS started recording the data in 1997. Over £24bn worth of goods [...]
UK slumps to bottom of G7 economy league next year, OECD predicts November 22, 2022 The UK economy will languish behind its rich counterparts next year amid a tough inflation surge driven by worker shortages and an “untargeted” energy support package, a new report reveals. Britain’s economy will shrink 0.4 per cent next year, the worst performance of any country in the G7, according to the Organisation for Economic Co-operation [...]
Ukraine’s President Zelensky slams Canada’s decision to send wind turbine for Russian pipeline July 18, 2022 Ukraine's President Voldomyr Zelensky has criticised Canada's decision to deliver a wind turbine to Gazprom for the Nord Stream 1 pipeline.
The parallel war of disinformation between Russia and Ukraine could seed more poison February 25, 2022 As Russian forces attacked Ukraine on three fronts, a parallel disinformation war was taking place on social media and on Russian news outlets. Since the early stage of this conflict, President Putin has sought to justify his invasion by depicting Ukraine as a belligerent actor threatening Russian lives. In his speech on Monday night, right [...]
Exclusive: The billions of dirty money in the City despite FCA scandals that rocked HSBC and NatWest November 29, 2022 Going back more than a decade, in the summer of 2012, HSBC was fined $1.9bn for inadequate compliance and anti-money laundering control processes. The banking giant was found guilty of providing money laundering services to drug cartels as well as terrorist groups in the Middle East. Ten years on, money laundering is still a serious problem. Less [...]
Next to wind down Russian operations after invasion of Ukraine March 7, 2022 Fashion retailer Next will close its Russian operations following the invasion of Ukraine, as British brands move to condemn the country. The clothing retailer informed staff at its Russian distribution hub that it will be winding down the operation in an orderly way. It told staff its website will be closed for Russian customers too, [...]
Explainer-in-brief: Is there hope on the Ukrainian border? February 16, 2022 Yesterday morning it seemed like a pressure valve had been released, even if just slightly when Russia announced it was “withdrawing” some troops who had been carrying out “drills” on the Ukrainian border. After weeks of escalating tensions and a constant flow of European leaders travelling to Moscow to demand Vladimir Putin back down, it [...]
‘No more words, it’s time to act’: Poland refuses to play Russia in World Cup play-off game February 26, 2022 Poland have said it will not play its 2022 World Cup play-off game with Russia in Moscow on March 24 following its invasion of Ukraine. “In light of the escalation of the Russian Federation’s aggression against Ukraine, the Polish national team is not going to play a match against Russian Republic,” President of the Polish [...]
ECB expected to hike rates to a record four per cent as central bank struggles to tame inflation February 28, 2023 The European Central Bank (ECB) will hike interest rates to their highest level since the monetary authority of the group of countries using the euro was created in 1999, markets are betting. President Christine Lagarde and the rest of the governing council, Europe’s equivalent to the Bank of England’s monetary policy committee, are poised to [...]