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Russia

  • Western banks pay £684m in taxes to Vladimir Putin’s regime

    April 29, 2024

    The largest western banks that still operate in Russia paid more than €800m (£684m) in taxes to the Kremlin last year in a sign that foreign companies remaining in the country are helping Vladimir Putin weather international sanctions.

  • London Metals Exchange to clamp down on Russian metal ‘rent share’ trading games

    April 24, 2024

    The LME is seeking to clamp down on 'rent share' warehouse games of trading sanctioned Russian metals.

  • Top British court orders Gazprom unit to drop £387m Russian claim against Italian bank UniCredit

    April 23, 2024

    The UK's highest court has upheld a decision that England has the right to block a Gazprom unit's Russian lawsuit against Italian bank UniCredit

  • Ferrexpo hit by conscriptions into Ukraine army but production spikes

    April 23, 2024

    Ferrexpo has said its workforce remains gutted by Ukrainian conscription.

  • Russia bans managing partner of City firm Fieldfisher for Kremlin sanction work

    April 19, 2024

    The Foreign Ministry of Russia has banned several British lawyers from Fieldfisher including the firm's managing partner for their role in applying the mechanism of sanctions against the country

  • Tory MPs led by IDS: Biden’s liquefied natural gas curbs risk reliance on Russian energy

    April 17, 2024

    A group of nearly two dozen Conservative MPs led by former party leader Iain Duncan Smith has warned that Joe Biden's decision to curb US energy exports to the UK and Europe risks making his allies reliant on Russia to meet their energy needs.

  • UK failing to fight ‘dirty money epidemic’ costing £350bn a year, MPs warn

    April 17, 2024

    The UK is “utterly failing” to fight the “dirty money epidemic” that is costing £350bn a year, MPs have warned.

  • The gold price has jumped to a new all-time high, but is it too late to join the party?

    April 10, 2024

    Gold has been going great guns, with prices up some 30 per cent in the last six months.

  • Will oil prices hit $100 a barrel in 2024?

    April 9, 2024

    Against many market bets, oil prices have risen sharply throughout the first quarter of 2024. But can prices hit $100 this year?

  • Echo Falls, Kumala and Lambrini owner Accolade Wines raises prices and considers selling brands as losses widen

    April 8, 2024

    The UK arm of Accolade Wines, the company behind the likes of Hardys, Echo Falls, Kumala and Lambrini, is to continue raising its prices as it bids to return to profit.

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