Everton backer Usmanov has assets frozen by EU over Putin links March 1, 2022 Everton backer Alisher Usmanov has had his assets frozen by the European Union on the grounds that he is close to Russian president Vladimir Putin. Usmanov’s company USM Holdings sponsors Everton’s training ground and has bought the naming rights to the Premier League club’s yet-to-be constructed stadium. The billionaire is also a close associate of [...]
Ukrainians made up half of all UK temporary worker visa applications in 2021 March 1, 2022 Around 45 per cent of applications for UK temporary work visas last year were made by Ukrainian nationals, who accounted for 19,858 of the total 44,114 applications made last year, according to new data shared with City A.M. this morning. There was also an unusually high number of applications from Russian nationals, who accounted for [...]
Uefa terminates £100m Gazprom sponsorship as sport shuts out Russia February 28, 2022 European football’s governing body Uefa has confirmed the termination of its long-standing sponsorship deal with Russian state energy company Gazprom. The move came as Uefa banned Russian teams from its international and club competition following the country’s invasion of Ukraine. “Uefa has today decided to end its partnership with Gazprom across all competitions,” it said. [...]
Liz Truss says ban on Russia Today risks Kremlin crackdown on the BBC February 28, 2022 Foreign Secretary Liz Truss has warned that if the UK bans Russia Today then the BBC could be banned from Russia amid fears of a Kremlin crackdown. She said: “We want the Russian population to hear the truth about what Vladimir Putin is doing”. It comes after calls in the UK that the state-controlled Russian [...]
Fifa, Uefa and IOC heed calls to ban Russia from international sport February 28, 2022 Russia faces an indefinite period of exile from international sport after major bodies including the International Olympic Committee, Fifa and Uefa bowed to calls to ban the country. The IOC said Russian teams and athletes should not be allowed to compete in international competitions, even under a neutral flag, as a result of the country’s [...]
PM Boris Johnson calls on Fifa to expel Russia from World Cup February 28, 2022 Prime Minister Boris Johnson has added his voice to calls for football chiefs Fifa to expel Russia from this year’s men’s World Cup. Fifa announced a range of sanctions against Russia on Sunday, including ordering them to play home games on neutral ground and under the banner of the Football Union of Russia. But the [...]
Ukraine crisis: what does it mean for asset allocation? February 28, 2022 | City Talk Russia’s invasion of Ukraine, which is having devastating human consequences, has increased the risk of a stagflation environment – one of slowing economic growth but high inflation. How should investors prepare for this possible scenario? Our analysis reveals which asset classes are likely to outperform if it comes to pass. Our live blog on the Ukraine crisis [...]
Poland and Sweden pile pressure on Fifa to expel Russia from World Cup February 28, 2022 Poland’s football association has criticised Fifa for allowing Russia to carry on competing at international level, calling the stance “totally unacceptable”. On Sunday Fifa issued a list of sanctions against Russia following the state’s invasion of Ukraine, including that they must compete as the Football Union of Russia on neutral territory and without an anthem [...]
Chelsea facing calls to clarify Roman Abramovich role February 27, 2022 Chelsea are facing calls to publicly clarify Roman Abramovich’s role after he said he had handed the club’s “stewardship and care” to trustees of its charitable foundation. Ministers have been urged to seize billionaire Abramovich’s assets on the basis of his links to the Russian state in the wake of the country’s invasion of Ukraine. [...]
Foreign Secretary Liz Truss backs energy sanctions against Russia February 27, 2022 Foreign Secretary Liz Truss has called for limits on oil and gas imports from Russia, following the country's invasion of Ukraine.