Uniper bailout edges closer as energy crisis deepens July 20, 2022 Uniper is closing on a bailout from the German government, which is weighing up a 15-30 per cent stake in the company.
Ukraine forces hold off advance on outskirts of Kyiv as UK pledges more weapons March 23, 2022 Ukrainian forces fought back attempted Russian advances on the outskirts of Kyiv today as the UK promised to send more defensive weapons to the country. Kyiv mayor Vitali Klitschko said skirmishes had intensified on the outskirts of the capital, with Ukrainian forces allegedly securing “the small city of Makariv and almost all of Irpin”. Russia’s stalling [...]
Angry Putin ends WWII peace talks with Japan as Tokyo exploits anti-Russian sentiment to claim Kuril Islands March 23, 2022 The Russian government has told Japan it is ending negotiations to sign a formal World War II peace treaty because of Tokyo’s efforts to exploit the Ukraine war to claim the Kuril Islands belong to Japan. “The Russian side, in the current conditions, does not intend to continue talks with Japan on the peace treaty,” [...]
Shell boss says Governments may need to tax companies to ease energy bills October 4, 2022 Governments should tax companies to help vulnerable customers deal with soaring energy costs, argued Shell's boss Ben van Beurden.
Kwarteng plays down prospect of blackouts this winter amid supply crunch fears June 28, 2022 Business Secretary Kwasi Kwarteng has played down the prospect of a winter blackout, dismissing the scenario as an "extreme possibility."
SSE hikes profit expectations powered by oil and gas prices January 20, 2023 SSE has raised its profits forecasts from 120p to 150p per share for the full-year, following soaring oil and gas prices.
At last: EU ministers finally agree Russian gas price cap December 19, 2022 EU energy ministers have finally agreed a gas price cap, after months of talks within the bloc as it seeks to slash Russian war revenues.
UK says Russian invasion of Ukraine has begun: Boris Johnson says first sanctions coming today February 22, 2022 Russia’s invasion of Ukraine has begun, UK Health Secretary Sajid Javid said this morning, making the imposition of Russian sanctions imminent. Prime Minister Boris Johnson has said the “first barrage of UK economic sanctions against Russia” will be revealed today as he warned Vladimir Putin is bent on a “full scale invasion of Ukraine”. It [...]
London’s largest law firm DLA Piper closes Russian offices March 15, 2022 The City of London’s biggest law firm by revenue, DLA Piper, is set to close its Moscow and St Petersburg offices, as law firms from across the globe continue to pile out of Russia. In a statement, DLA Piper said it will transfer its Russian business to the UK, in line with the “legal and [...]
UK defence sector raked in £28bn last year as war drives military spending June 26, 2024 The UK defence sector grew by 36 per cent between 2013 and 2023 and raked in £28bn last year as war drives military spending globally, according to a new report.