Ex-Autoglass boss to donate £5m to Labour in bid to smash Tories at election June 5, 2023 The former Autoglass chief Gary Lubner is set to donate £5m to Labour to bolster its coffers ahead of the next election battle. The South African-born businessman told the Financial Times he had wanted to help Labour leader Sir Keir Starmer get the party into power “for a long time”. He said: “This is the [...]
Total value of Russian-linked assets frozen by the UK at £500bn March 24, 2022 The value of UK assets seized from individuals and organisations with links to Russia now stands at £500bn. Foreign Secretary Liz Truss made the announcement on Thursday, as 65 more targets for asset freezes were hit by the UK government. Among the key individuals and firms hit by the latest round of sanctions, are the [...]
Boris Johnson’s disastrous India trip: Little progress on trade deal, partygate rows, Tory donor bulldozers and Modi stays close to Putin April 23, 2022 Boris Johnson today indicated at a press conference in India that he did not try to encourage the country’s prime minister, Narendra Modi, to go further in dropping India’s neutrality over the Russian President’s invasion of Ukraine. Also, Johnson’s two-day trip was dogged by questions over the deepening partygate scandal, with a Tory rebellion leading [...]
Second oil tanker in a week seized by Iran in Gulf – US Navy confirms May 3, 2023 A second oil tanker in a week was seized by Iran on Wednesday in Gulf waters, the US Navy said, the latest escalation in a series of seizures.
Energy leaders urge governments and central banks for emergency assistance March 16, 2022 European energy leaders have called on governments and central banks to provide emergency assistance amid a commodities boom.
Oil prices tumble below $100 milestone as hawkish Fed spreads its wings July 13, 2022 Oil prices have slumped below $100 amid fears of reduced demand and interest rate hikes from the Federal Reserve.
World Cup briefing: Why and how to watch Tuesday’s last-16 matches December 6, 2022 Now we’re all hopelessly addicted to daily World Cup action, best to drink in today’s two matches in the round of 16 – the last games before a horrifying two-day break. Here’s a preview of Tuesday’s fixtures. Morocco v Spain, 3pm, ITV Spain will be fancied to beat Morocco, who have never been past this [...]
Governor Bailey: Nothing different BoE could have done to prevent double-digit inflation May 16, 2022 Bank of England chief Andrew Bailey today defended his performance in overseeing “the biggest test” in the monetary authority’s 25 years of independence. Bailey, 63, said there was nothing else the Bank could have done to prevent inflation surging to more than five times its two per cent target in response to a grilling by [...]
Russian miners to get the boot from FTSE 100 March 1, 2022 Russian miners are set to be booted from London’s top index tomorrow as a rapid investor sell off since Moscow invaded Ukraine has sent their shares spiralling. Evraz, which has operations in Russia and Ukraine, has had more than 80 per cent shaved off its share price since the start of the year, with around [...]
Green levies should be taken off energy bills to ease costs, says think tank May 18, 2022 Green levies should be scrapped from bills and shifted on to general taxation to reduce the burden on households, argues the CPS.