UK banks to ramp up data sharing in dirty money crackdown June 22, 2023 British banks are gearing up to share more data with their peers on suspected serious economic crime as part of wider efforts to stem dirty money flows into the country from Russia and elsewhere, four sources with knowledge of the matter told Reuters. More than half a dozen banks are in advanced talks with British [...]
UK finance chiefs gear up for growth as sentiment soars July 29, 2024 Chief financial officers of some of the largest UK companies have seen expectations about the prospects of their own business shoot up.
Millions of UK households could face blackouts this winter due to war in Ukraine May 30, 2022 Millions of UK households could face blackouts this winter due to global shortages of natural gas caused by Russia’s war in Ukraine, the UK government has warned. As many as six million British households could be subjected to blackouts, if Russia makes further efforts to cut off the EU’s gas supplies, according to a Whitehall [...]
EU removes US, Brazil and Russia from ‘safe visitors’ list June 30, 2020 The US, Russia and Brazil are excluded from a list of safe countries to travel to or accept visitors from, passed by EU member states this afternoon. Those featured on the list have now gained approval for business or leisure travel to a number of countries, which will come into effect tomorrow. The list of [...]
Bank of America at odds with Lloyd’s over state-backed cyberattack exemption April 20, 2023 Bank of America has reportedly raised concerns with Lloyd’s of London about a move to exempt “state-backed” cyberattacks from standard insurance policies. Bank of America highlighted its concerns with the policy in a series of meetings between Lloyd’s and its biggest clients, the Financial Times reported. Marsh, the world’s biggest broker, is also understood to [...]
North Sea energy giants told to ‘read the room’ on windfall tax demands April 12, 2023 Green groups have urged the government to maintain the toughened windfall tax amid pressure from the North Sea industry.
Maersk to stop buying Russian oil to fuel vessels March 15, 2022 Maersk has stopped buying Russian oil for its cargo fleet following the country's invasion of Ukraine, revealed the company's chairman.
Asset manager Carmignac announces plans to scrap Russian investments March 7, 2022 French asset management firm Carmignac announced today it would scrap its Russian investments and not invest any further in Russian firms, as asset managers scramble en masse to sever their ties to the country following its invasion of Ukraine.
Energy storage: UK puts faith in tech to harness the renewable revolution January 17, 2023 The UK is turning to technology to meet its energy needs as renewables' role in the domestic energy mix continues to grow.
Struggling British chip shops beg Norway for more fish as prices are out of control due to Ukraine war June 6, 2022 British chip shops faced with surging costs plan to turn to Scandinavia and Norway in particular for help to keep prices “as under control as possible”. Chippies are battling rising energy bills along with increased costs of cooking oil, potatoes and fish due to Russia’s invasion of Ukraine. The president of the National Federation of [...]