21 killed and 100 wounded in central Ukraine: Russian Army accused of ‘open act of terrorism’ July 14, 2022 Around 21 people were killed and more than 100 wounded after Russian missiles struck a city in central Ukraine. The country’s president called the attack “an open act of terrorism” against civilians in locations without military value. Ukraine’s national police said three missiles hit an office building and damaged nearby residential buildings in Vinnytsia, which [...]
UK begins to withdraw embassy staff from Ukraine amid fears of Russian invasion January 24, 2022 The UK and US have moved to withdraw some of their staff from their respective Ukraine embassies as fears continue to mount that Russia is preparing to launch a military invasion of its neighbour. The Foreign Office said there were increased fears over a Russian attack on Ukraine and said the situation had become “highly [...]
Ukraine: UK to freeze assets of major Russian banks in new sanctions February 24, 2022 All major Russian banks will be shut out from operating in the UK and large Russian firms will be blocked from raising capital in the City in a package of economic sanctions announced by Boris Johnson today, which has been described as the largest ever by a British government. This will include VTB Bank, the [...]
Shapps refuses to confirm fee for buying out China’s Sizewell C stake December 14, 2022 Business Secretary Grant Shapps refused to provide a figure for the cost of buying out China's stake in proposed nuclear project Sizewell C.
G7 weighs up proposals to block transport of Russian oil supplies August 2, 2022 The G7 is considering plans to block the transporting of Russian oil unless it heeds a price cap, amid a supply crunch in Europe.
Playrix bosses and Candy Crush creators top first Sunday Times Gaming Rich List August 17, 2024 The founders of mobile game producer Playrix and the creators of Candy Crush are among the highest-placing figures on the inaugural Sunday Times Gaming Rich List 2024. Topping the list are Russian-born brothers Igor and Dmitry Bukhman, of Playrix, which is behind titles such as Township, Fishdom and Homescapes. The pair have a fortune of [...]
LG Electronics: UK sales suffer almost £100m fall as Samsung rivalry heats up August 14, 2024 Sales at the UK arm of LG Electronics have been slashed by almost £100m after it lost market share and Samsung stepped up its competition. The Surrey-headquartered division has reported a turnover of £561.4m for 2023, down from £654.3m, according to newly-filed documents with Companies House. Its pre-tax profit was also cut from £19.7m to [...]
Q&A: Why have oil prices dropped below $100 per barrel again? March 15, 2022 An quick Q&A explaining why prices have dipped after historic rallies earlier this month, amid increasingly volatile markets conditions.
UK’s financial sector faces new wave of brute force DDoS attacks September 14, 2022 The UK’s financial sector is experiencing a wave of brute force Distributed Denial of Service (DDoS) attacks, new data obtained through a freedom of information request shows. Hackers are increasingly using brute force tactics to launch cyberattacks against the UK’s financial sector, as they pivot away from using phishing and malware scams, the Financial Conduct [...]
Centrica files application to reopen UK’s biggest natural gas storage facility June 10, 2022 Centrica has filed a formal application to reopen Britain’s biggest natural gas storage site, after the site was closed five years ago for “economic” reasons. The Windsor headquartered utility company has submitted a formal application to the North Sea energy regulator to reopen the Rough facility off the east coast of Yorkshire. City A.M. understands [...]