Biden agrees to meeting with Putin while 7,000 more Russian troops arrive on border with Ukraine February 21, 2022 US president Joe Biden has agreed “in principle” to a meeting with Vladimir Putin, provided Russia holds off on what American officials believe is an imminent assault on Ukraine. White House press secretary Jen Psaki said the US administration has been clear that America is “committed to pursuing diplomacy until the moment an invasion begins”. [...]
Boris Johnson announces latest sanctions vowing to inflict “maximum economic pain” on Russia March 3, 2022 Prime Minister Boris Johnson has announced an additional round of sanctions against Russian oligarchs and vowed to “inflict maximum economic pain” on Putin’s regime. “For as long as Putin continues his barbaric attack on innocent Ukrainians we will continue to exert every power we have to inflict maximum economic pain on Putin and his war [...]
Oil prices boosted by six weeks of gains as supplies tighten worldwide August 6, 2023 Oil markets will open trading on Monday having recorded six weeks of gains across both major benchmarks, as tightening supplies bolster prices.
Bank of England should use Russian reserves to repair Ukraine economy March 27, 2022 The Bank of England should use the Russian central bank’s frozen reserves held at Threadneedle Street to help rebuild the Ukrainian economy. That’s according to the head of Ukraine’s central bank who today urged governor Andrew Bailey and co to allocate the around £21bn of sanctioned assets to repairing the damage inflicted on Ukraine’s cities [...]
IMF and World Bank meetings: What will central bankers and finance chiefs be talking about? April 10, 2023 The International Monetary Fund (IMF) and World Bank are meeting in Washington this week for their Spring meeting with the stability of the banking sector high up the agenda. Finance ministers and central bankers from around the world will come together with much to discuss, particularly after the collapse of Silicon Valley Bank sent shockwaves [...]
Taiwan scrambles fighter jets and puts navy on alert after Chinese incursions February 1, 2023 Taiwan has scrambled fighter jets, put its navy on alert and activated missile systems in response to nearby operations of 34 Chinese military aircraft and nine warships. The Chinese deployment is part of Beijing’s strategy to unsettle and intimidate the self-governing island democracy. The large-scale manoeuvres come as Beijing increases preparations for a potential blockade [...]
Charlie Bigham on inflation, his success and why he doesn’t make ready meals December 30, 2023 Bigham, now 56, started his food business over two decades ago, packing in a career as a management consultant for a taste of self-employment.
Ryanair narrows losses to £300m and expects to fly back into profitability this financial year May 16, 2022 Budget airline Ryanair said this morning it has narrowed annual losses of £302m and hopes to return to “reasonable profitability” in its current financial year. However, chief executive Michael O’Leary said it was “impractical, if not impossible” to give guidance for 2022-23 due to the risk to holiday bookings from Covid and the Ukraine war. The [...]
The four fintech unicorns the UK created in 2024 December 27, 2023 At £14.58bn, total funding remains higher than in both 2019 and 2020, but far below levels seen over the last two years. Funding for UK tech hit a high of £32.48bn in 2021.
Ukrainian delegation begins ceasefire talks with Kremlin officials February 28, 2022 Ukrainian government officials have arrived at the Belarus border for ceasefire talks with the Russian government, after four days of intense fighting across the country. The talks are reported to have began just after 9am GMT, with both sides agreeing to meet without “preconditions”. Ukrainian defence minister Oleksii Reznikov was seen arriving to the negotiations [...]