Ukraine war fuels record orders of £37bn for arms titan BAE Systems February 23, 2023 The war in Ukraine helped to boost arms and combat vehicle manufacturer BAE Systems as it reported record orders of £37bn. The company’s sales were up 4.4 per cent in the last year to £23bn as conflict rages in Europe for the first time in decades, while Ukraine’s president recently toured the continent pleading for [...]
London IPOs: 2023 outlook uncertain as value of cash raised in the capital slumps below global rivals January 10, 2023 The amount of cash raised through initial public offerings in London plunged 90 per cent last year as the market was buffeted by soaring inflation and the shocks of war in Ukraine, new figures show.
Allowing athletes from Russia back into sport ‘works’ despite Ukraine war, says Olympic chief Bach March 28, 2023 The president of the International Olympic Committee (IOC) Thomas Bach today doubled down on plans for Russian and Belarusian athletes to be allowed back into competitions, adding that his plans “work” despite the war in Ukraine. The German spoke at the IOC’s executive meeting. There was, however, no decision on whether Russians and Belarusians would [...]
Cabinet minister: Ukraine War and Covid-19 to blame for local election beating May 7, 2023 Culture Secretary Lucy Frazer has blamed heavy Tory losses in the local elections on the pandemic and the Ukraine war. She also noted the Conservative Party had been in power for “a long time”. The Cabinet minister conceded that voters were “frustrated and angry”, but claimed Rishi Sunak was starting to regain the public’s trust. [...]
Putin blames Ukraine and the West for starting war ahead of one year mark February 21, 2023 Vladimir Putin has blamed Ukraine and the West for starting the war in an address to the Russian parliament ahead of the one year anniversary of the conflict. The Russian president referred to the “war” in Ukraine for the first time during his State of the Nation speech, after previously only referring to it as [...]
Seize Russian assets to pay for Ukraine damage, says EU official May 9, 2022 A senior EU official has proposed seizing frozen Russian reserves to cover the costs of rebuilding war torn Ukraine.
Rolls-Royce shares dive as soaring costs squeeze profits August 4, 2022 Rolls-Royce reported a slowdown in profits in the first six months of the year as a cocktail of snarled supply chains, soaring inflation and war in Ukraine caused costs to spiral.
UK fintech investment tumbles as inflation rocks markets September 12, 2022 UK fintech investment plunged in the first half of 2022 as war in Ukraine and soaring inflation brought last year’s funding frenzy to a sharp close, new figures have revealed today.
UK fintech funding tumbles amid global slowdown, but London remains well ahead of global rivals January 9, 2023 Investment into the UK’s fintech sector slumped eight per cent last year as soaring inflation and the shocks of war in Ukraine brought an end to a decade-long global venture capital frenzy, figures shared exclusively with City A.M. reveal.
Red-faced Putin: Russia now ready to ‘negotiate’ over Ukraine war December 25, 2022 President Vladimir Putin said Russia was ready to negotiate with all parties involved in the war in Ukraine but that Kyiv and its Western backers had refused to engage in talks. Russia’s Feb. 24 invasion of Ukraine has triggered the most deadly conflict in Europe since World War Two and the biggest confrontation between Moscow and the West since [...]