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People

  • UK to clock weakest growth in rich world amid economic ‘stagnation’

    June 8, 2022

    The UK will clock the weakest growth in the rich world caused by households retrenching amid the worst cost of living crisis in a generation, according to new forecasts released today. Rampant inflation driven by accelerating global energy prices as a result of Russia’s invasion of Ukraine and ongoing supply chain disruptions caused by China’s [...]

  • Moscow will cover Russian oil tankers hit by UK and EU insurance ban, Putin ally says

    June 8, 2022

    Vladimir Putin’s right-hand man has said Moscow will cover Russian oil tankers to ensure they are able to continue making deliveries, if they are unable to get insurance due to Western sanctions. Speaking via messenger platform Telegram, former Russian president and key Putin ally Dmitry Medvedev said the Kremlin will cover uninsured ships, through assurances [...]

  • US successful seizure of Russian oligarch’s £259m superyacht in deemed-safe Fiji sends shockwaves through Moscow

    June 8, 2022

    Russian oligarchs in Moscow and around the world woke up to the shock news this morning that American authorities won a legal battle late last night to seize a Russian-owned superyacht in Fiji and they wasted no time in taking command of the £259m vessel. The court ruling represented a significant victory for the US [...]

  • Black Wednesday: Russian Army close to capturing entire Donbas region while Kremlin sends hundreds of bodies to Kyiv

    June 8, 2022

    The Kremlin claims this morning the Russian Army has taken control of 97 per cent of one of the two provinces that make up the Donbas region, as it is drawing closer to its goal of fully capturing Ukraine’s eastern industrial heartland. It also appears that Russia now occupies roughly half of Donetsk province, according [...]

  • ‘We will set out tax cuts this autumn’ promises Rishi Sunak after Boris Johnson appeases angry Tory rebels

    June 8, 2022

    As the Government seeks to get back on track following Monday’s bruising Tory confidence vote in Boris Johnson, Chancellor Rishi Sunak has reaffirmed his commitment to cut taxes for business later in the year. In a speech to the Onward think tank, Mr Sunak said he would be bringing forward a range of measures in [...]

  • London fund set to lose millions following Mike Ashley’s £20m Misguided acquisition

    June 7, 2022

    The London private equity firm that injected £50m into fast fashion retailer Misguided, in the months running up to its insolvency, is set to lose tens of millions on its investment. Alteri Investors is set to lose £20m- £30m after Mike Ashley’s Frasers Group bought the Manchester based retailer for £20m last week, according to [...]

  • Zelensky ‘glad we haven’t lost a very important ally’ for Ukraine after Johnson wins confidence vote

    June 7, 2022

    Ukraine’s president Vlodymyr Zelensky has breathed a sign of relief that Boris Johnson won a confidence vote last night, saying he’s “glad we haven’t lost a very important ally.” His praise comes after Boris Johnson narrowly escaped being removed as leader with a slimmer margin of the vote then his predecessor Theresa May had in [...]

  • No looting, Putin? Ukrainian woman spots her own belongings loaded on a Russian tank

    June 7, 2022

    A Ukrainian woman from Popasna says she spotted her belongings loaded on a Russian tank in a photo taken by Reuters. Watch the full video report.

  • Watch as Putin warns Russia will retaliate if West sends long-range missiles

    June 7, 2022

    President Vladimir Putin warned the West that Russia would strike new targets if the United States started supplying Ukraine with longer-range missiles, the TASS news agency. Watch the full video report.

  • Wounded Boris Johnson to call emergency Cabinet meeting as Tory rebels refuse to back down after worse-than-May vote

    June 7, 2022

    It is understood Prime Minister Boris Johnson plans to call his Cabinet together this morning as the embattled Tory leader seeks to keep his premiership afloat by putting a bruising confidence ballot firmly behind him. The Prime Minister insisted he had secured a “decisive” victory despite 148 of his own MPs voting to oust him [...]

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