UK announces more sanctions on Russia’s largest bank Sberbank April 6, 2022 The UK has slapped more sanctions on Russia’s largest bank Sberbank and banned all outward British investment into Russia. Sberbank and Credit Bank of Moscow now have all their UK assets frozen, after similar measures were taken against other major Russian banks last month, with the pair also unable to do business in Britain. The [...]
Hospitality business owners to pay £215m more in tax this year thanks to NI rise April 6, 2022 British pubs, restaurants and hotels will be forced to pay £216m more in taxes this year thanks to today’s rise in National Insurance for employees and employers. New figures collated by the Liberal Democrats also showed that workers in the hospitality industry will be hit with a £137m extra tax bill this year, after the [...]
Bank of England spent £50,000 on logo and website re-design April 6, 2022 The Bank of England’s (BoE) recent logo and website re-design cost £50,000, a freedom of information request has revealed. The nearly 330-year-old institution, which is funded by banks – not the taxpayer – made a bid to change its image last month, to better reflect the makeup of the country, but it came at a [...]
Ukraine invasion: Putin’s daughters sanctioned by the White House April 6, 2022 Vladimir Putin’s daughters have been sanctioned by the United States as Putin’s invasion of Ukraine continues. The President’s adult children, relatives of Foreign Minister Sergei Lavrov and members of Russia’s Security Council will be affected by the measures announced by the White House this afternoon. Putin’s children affected by the sanctions, Maria Vorontsova, 36, and Katerina [...]
EU plans to seize Russian energy revenues as conflict escalates in Ukraine April 6, 2022 The European Union (EU) is planning to seize a portion of Russian energy revenues to pay for the future rebuilding of Ukraine.
Johnson says NI tax rise ‘unquestionably’ right thing for UK as tax hike comes in today April 6, 2022 Boris Johnson has said the increase in National Insurance is “unquestionably the right thing for our country” on the day the tax hike comes into place. Johnson said he has “absolutely no problem” with the tax hike as “we’ve got to give our doctors and our nurses the wherewithal, the funding” to deal with the [...]
Global community unites as 50 former heads of state and prime ministers agree Putin has to be prosecuted in war crime tribunal April 6, 2022 An international tribunal to try Vladimir Putin over the war in Ukraine is supported by more than 50 former heads of state and former prime ministers from across the world. A petition supporting the move has topped 1.5 million, it was revealed this morning. Former UK prime minister Gordon Brown, one of those calling for [...]
UK to send NHS ambulances to Ukraine as conflict hammers local healthcare April 6, 2022 The UK is to send NHS ambulances to the Ukrainian towns and cities under attack from Russia, the government confirmed today. The 20-strong fleet will replace local ambulances which have been lost to Russian bombardments, amid the Kremlin-backed invasion of Ukraine. Foreign secretary Liz Truss said: “We have sadly seen day after day the [...]
Roman Abramovich denies ‘false’ claims he asked US friends for millions in loans April 6, 2022 Sanctioned Oligarch Roman Abramovich has categorically denied he asked American friends for millions in loans to ensure he can pay staff on his payroll. The Chelsea owner and alleged confidante of Russian president Vladimir Putin, exclusively told City AM claims published originally by Page 6 were “false.” A spokesperson for Roman Abramovich said he “has [...]
UK to cancel LGBT+ conference over conversion therapy blunder April 6, 2022 The UK has cancelled a conference promoting LGBT+ rights after sponsors pulled out over the government's stance on conversion therapy.