Harbour Energy’s bumper profits wiped out by £1.3bn hit from windfall tax March 9, 2023 Harbour Energy's bumper profits have been nearly wiped out by the windfall tax - taking a huge £1.3bn hit in earnings from the new levy.
Watch: Boris Johnson invokes Sir Winston Churchill during historic address to Ukraine’s Parliament: ‘This is your finest hour’ May 3, 2022 Boris Johnson invoked Sir Winston Churchill in an historic address to Ukraine’s Parliament, saying it was the country’s “finest hour” as it battled Russia”. Addressing members of the Verkhovna Rada, as well as president Vlodymyr Zelensky, the Prime Minister saluted Ukraine’s “courage with which you are meeting” the war being waged by Moscow. Praising the [...]
Nuclear industry group encourages EDF to extend life of power plants September 29, 2022 The Nuclear Industry Association has welcomed EDF's intention to extend the lifespan of two of its domestic nuclear power projects.
Crypto expert jailed for helping North Korea evade sanctions April 13, 2022 A US crypto researcher has been jailed after pleading guilty to conspiring to help North Korea evade economic sanctions.
India’s Reliance Industries considers divesting from Russian fuel March 17, 2022 India's Reliance Industries could avoid buying Russian fuels for its plants after the West imposed sanctions on the country.
Ofgem drops retail energy price cap to lowest level in two years in boost for households February 23, 2024 Despite welcoming the price cap drop, Ofgem's head has said there are still "big issues" to be tackled
Keir Starmer: Nuclear ‘triple-lock’ is ‘bedrock’ of Labour policy with 2.5 per cent of GDP for defence April 12, 2024 Keir Starmer committed Labour to spend 2.5 per cent of UK GDP on defence while saying a commitment to nuclear weapons was a 'bedrock' of policy.
Truss to land in New Delhi to discuss closer defence ties with India March 30, 2022 Liz Truss will touch down in New Delhi today to speak to her Indian counterpart about strengthening defence ties with the Commonwealth country. The foreign secretary said in a statement today that deeper ties between India and Britain matter “even more in the context of Russia’s unprovoked invasion of Ukraine and underlines the need for [...]
China and Dubai cash in on roomier Russian market amid Western boycott March 22, 2022 As the West bail out of Russia over its invasion of neighbouring Ukraine, China and Dubai are seemingly cashing in on the roomier market. China’s top envoy in Moscow has urged Chinese business leaders to “fill the void” in the Russian market, Bloomberg first reported, after a growing tally of businesses and government’s have boycott [...]
Ukraine mulls extra import duty as it hikes interest rate to seven-year high June 2, 2022 Ukraine’s central bank is considering bringing in an extra import duty on non-critical imports, having hiked its main interest rate to a seven-year high. The country has increased interested rates from a previously frozen 10 per cent to 25 per cent today, in the first tightening of policy from the National Bank of Ukraine (NBU) [...]