The Yanks are coming: Weak sterling sees Americans pile into London property January 3, 2023 The fall in the value of the pound in 2022 saw a host of wealthy American buyers pick up high-end London property on the cheap, according to a new report. In so-called ‘prime central London,’ some 50 per cent of property transactions over £15m completed in 2022 involved American buyers according to analysis by real [...]
Explainer-in-brief: Safety in numbers lures Nordics to Nato April 14, 2022 Finland’s Prime Minister said yesterday the country would decide “within weeks, not months” if the nation would apply for Nato membership. Sweden is expected to follow swiftly as the war in Ukraine forces the Nordics to look at their allies. In Finland, a margin of six to one voters backed membership of the defensive alliance. [...]
Boris Johnson touches down in Kyiv for surprise meeting with Ukraine’s president Zelensky June 17, 2022 Prime Minister Boris Johnson touched down in Ukraine this afternoon meeting with President Vlodymyr Zelensky. The embattled Tory leader shared an image on social media which said: Mr President, Volodymyr, It is good to be in Kyiv again”, adding that “Great Britain’s support for Ukraine is firm and resolute.” This comes after leaders from Italy, [...]
Barclays and Legal & General under fire for investing billions in arms companies March 4, 2024 Barclays and Legal & General have come under scrutiny for being among the top 10 major European investors in arms companies, both investing billions in the sector every year.
Air Force One’s sister plane sent on training flight following Kremlin’s nuclear threats March 3, 2022 Air Force One’s sister plane, $200m Doomsday plane, was reportedly sent on a four-hour training flight following Russia’s nuclear threats to the West. Designed to become a flying government control centre in the event of a nuclear conflict, the Doomsday plane was seen on Monday taking off from a military base in Nebraska, the i [...]
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.
JP Morgan to book £762m loss on Russian assets April 4, 2022 Wall Street giant JP Morgan may lose as much as $1bn (£762m) on its exposure to Russia, its chief Jamie Dimon warned today in his annual letter to shareholders. The investment banking titan has been part of a concerted effort by the West’s biggest corporates to ditch Russian assets and pull out of the country [...]
Germany: EU’s largest economy faces ‘big deterioration’ – and risks slipping back into recession September 11, 2023 It was not long ago that Germany was driving growth in the bloc. Now it is being labelled the 'sick man of Europe'. Where did it all go wrong?
National Grid avoids emergency blackout measures in supply scramble November 28, 2022 National Grid opted against implementing emergency measures to stave off blackouts tomorrow, amid supply shortages from France.
UK to spend 2.5 per cent of GDP on defence by 2030, Johnson announces June 30, 2022 The UK will increase its annual defence spending to 2.5 per cent of GDP by the end of the decade and other Nato countries should be forced to do similarly, Boris Johnson has announced. The Prime Minister said on the final day of the Nato summit in Madrid that “we need to invest for the [...]