As it happened: Rishi Sunak’s Spring Budget 2022 March 23, 2022 Live updates and links to all our coverage, reactions and analyses as the Chancellor of the Exchequer, Rishi Sunak, delivers the government’s Spring Budget for 2022 . Please do get in touch and let us know your opinion via news@cityam.com or @Cityam With the cost of living crisis, rising inflation, war in Ukraine and [...]
Angry Putin ends WWII peace talks with Japan as Tokyo exploits anti-Russian sentiment to claim Kuril Islands March 23, 2022 The Russian government has told Japan it is ending negotiations to sign a formal World War II peace treaty because of Tokyo’s efforts to exploit the Ukraine war to claim the Kuril Islands belong to Japan. “The Russian side, in the current conditions, does not intend to continue talks with Japan on the peace treaty,” [...]
Pro-Kremlin paper admits close to 10,000 Russian solders killed in Ukraine while 16,000 troops wounded March 23, 2022 Pro-Kremlin tabloid Komsomolskaya Pravda has published Russian Ministry of Defence figures that list 9,861 Russian troops have now died in Ukraine. Moreover, the paper also says 16,153 have been wounded in the ongoing war. “Huge if true – though this probably won’t stay online long,” Matthew Luxmoore, the Wall Street Journal’s reporter in Moscow tweeted. [...]
Highest since 2015: Russian inflation goes through the roof as level accelerates to 12.5 per cent March 23, 2022 It seems another headache is coming Vladimir Putin’s way as inflation in Russia has shot up to 12.5 per cent, the country’s highest level since 2015. Annual inflation in Russia accelerated to 12.5 per cent as of March 11, its highest since late 2015 and up from 10.4 per cent a week earlier, the economy [...]
Ukraine war may be starting to pay off for Putin as Zelensky is prepared to ‘compromise’ in apparent U-turn March 23, 2022 Reports are coming in from Kyiv this morning that Ukrainian President Volodymyr Zelensky is prepared to discuss a commitment from Ukraine not to seek NATO membership in exchange for a ceasefire, the withdrawal of Russian troops and a guarantee of Ukraine’s security. “It’s a compromise for everyone: for the West, which doesn’t know what to [...]
Zac Goldsmith: Spanish tax evasion dispute comes into new light following secret recording March 22, 2022 A secret recording has shed new light on claims minister Zac Goldsmith evaded millions in tax, as ruled by a Spanish judge. Obtained by The Guardian, the audio clip includes a top police officer, José Manuel Villarejo, telling businesswoman Corinna zu Sayn-Wittgenstein he’d be “delighted” to assist the former MP in his dispute with Spanish [...]
Embarrassing: Watch as prank video with Defence Secretary pops up after UK blames Kremlin for hoaxes March 22, 2022 UK government ministers are said to brace themselves this morning for more awkward videos after a “prank” call with Defence Secretary Ben Wallace surfaced in the wake of Britain blaming Vladimir Putin’s Russia for attempted hoaxes. Downing Street accused the Kremlin of being behind the efforts to secure sensitive or embarrassing information in duplicitous calls [...]
‘Only in Brexit la la land Boris Johnson is seen as Putin’s leading opposition’ says Finnish prime minister March 22, 2022 Alexander Stubb, a former prime minister of Finland, has ridiculed the idea that Boris Johnson is one of Vladimir Putin’s fiercest opponents. The former Scandinavian leader was rubbishing claims by the prime minister that he is leading the opposition figure to the Russian president, dismissing the idea as “utter rubbish” and an “illusion.” Stubb, whose [...]
Russian opposition leader Alexei Navalny urges Italy to seize Putin’s £500m superyacht March 22, 2022 Russia’s jailed opposition leader’s team has urged Italy to seize a £500m superyacht reportedly owned by Vladimir Putin. Alexei Navalny’s anti-corruption unit called on the country to take the vessel, called Scheherazade, which according to the Telegraph is staffed by the Russian Federal Security Service (FSO). Dubbed the world’s most expensive yacht, its owner has [...]
Russian elite planning Putin coup as Western sanctions cripple the country March 22, 2022 Russian elite are plotting to poison Vladimir Putin, Ukrainian intelligence officials have claimed.