Zelensky invokes Churchill as tells MPs ‘we will fight in the forests, in the fields, on the shores, in the streets’ March 8, 2022 Volodymyr Zelensky invoked Winston Churchill’s most famous speech in a historic address to the House of Commons today, telling MPs “we will fight in the forests, in the fields, on the shores, in the streets” and that “we will not lose”. In the first ever address by a foreign leader in the Commons, the Ukrainian [...]
The City View: Keeping The Lights On March 7, 2022 In this Monday episode Andy Silvester chats to Jack Barnett, City A.M.’s Economics and Markets reporter, about European market reaction to Russia-Ukraine; energy prices and how commodity price hikes could impact inflation; and the difficulty for countries in switching off from Russian energy. Andy also takes us through the headlines: Sanjeev Gupta, CEO of Liberty [...]
UK steel firms suspend imports of Russian coal March 13, 2022 Tata Steel UK (Tata) and British Steel have both suspended imports of Russian coal, according to The Mail on Sunday. The decision follows sustained pressure from Western governments for businesses to divest from Russia, as it ramps up sanctions on the country following the invasion of Ukraine. Coal is used to heat blast furnaces up [...]
Crypto crash does not have major impact on broader financial systems, says IMF July 27, 2022 The sell-off in the crypto market does not have a major effect on global financial conditions, the International Monetary Fund wrote in a report this week. “Crypto assets have experienced a dramatic sell-off that has led to large losses,” the IMF’s World Economic Outlook Update for July 2022 stated. “But spill overs to the broader [...]
Lessons in Nihilism at Wilton’s Music Hall: The Tiger Lillies x David Hoyle mash-up is a hoot February 26, 2024 If you were a Nineties' teenager into moody art and politics, you may have spent long evenings listening to The Tiger Lillies.
Boris Johnson set to announce increase in defence spending June 28, 2022 Boris Johnson is set to announce an increase in UK defence spending today as a response to the growing threat from Russia. The Prime Minister is expected to announce billions of pounds extra for military equipment today, on the last day of the 2022 G7 summit, after calls from defence secretary Ben Wallace to boost [...]
Imperial Brands offloads Russian business following boycott March 15, 2022 Maker of JPS and Winston cigarettes Imperial Brands has said it will offload its Russian operations to a local operator following last week’s announcement that it would be suspending all operations in the country following the Ukraine invasion. The Rizla-owner said that it had begun negotiations to transfer its assets and operations in Russia, and said: “We believe that, in the [...]
Greenpeace launches legal bid to overturn Jackdaw gas field approval July 26, 2022 Greenpeace has mounted a legal challenge against the Government, following its approval of the Jackdaw oil field last month.
UK prepares to simulate supply crunch as challenging winter looms August 7, 2022 The UK is preparing to simulate a gas supply crisis, to test how resilient the energy system is in the case of emergency shortages this winter.
Space firms can ‘solve problems that government’s can’t’ amid Ukraine invasion March 21, 2022 Elon Musk’s Starlink satellites have been helping Ukraine’s drone unit push back against Russian forces, as the space industry acts as a core string in Europe bow to diffuse Russia. A specialist air reconnaissance unit within the army, known as Aerorozvidka, has been picking off Russian tanks, command trucks and vehicles carrying electronic equipment since [...]