Russia pummels Ukraine with barrage of overnight missiles as targets in north, west, south, east and centre hit February 16, 2023 Russia again pummelled Ukraine with a barrage of cruise and other missiles on Thursday, hitting targets from east to west. Ukrainian authorities said one of the strikes killed a 79-year-old woman and injured at least seven other people. Russian forces used a variety of missile types, firing 36 in all in a two-hour overnight bombardment, [...]
Brexit is ‘only thing’ that divided Corbyn and Starmer in shadow cabinet, Diane Abbott says February 16, 2023 Jeremy Corbyn “in his heart of hearts is a Brexiter”, one of his longest-standing allies has said, backing up a suspicion critics held during the EU referendum. Diane Abbott, who served as his shadow home secretary, said on Wednesday that Mr Corbyn is “anti-EU” and saw it as “a conspiracy of business people”. He followed [...]
British Gas owner Centrica posts £3.3bn record profit – more than treble last year’s £948m February 16, 2023 British Gas owner Centrica has unveiled record profits of £3.3bn - powered by soaring energy prices and historic market volatility.
Lamborghini celebrates the V12 engine with special edition supercars February 16, 2023 The Invencible and Autentica mark the end of Lamborghini’s famed naturally aspirated V12 engine – with a new hybrid on the horizon.
Standard Chartered announces $1bn buyback scheme and lifts guidance despite weak profit February 16, 2023 Standard Chartered announced a $1bn (£831m) buyback scheme and raised its guidance for the next couple of years despite its results failing to meet market expectations. Results for the bank, which has been subject to takeover speculation in recent months, were much weaker than expected. Profit in the final quarter of 2022 was significantly below [...]
Offshore wind plans must be sped up to meet energy security goals, green group warns February 16, 2023 UK offshore wind pipeline has reached nearly 100GW - more than double its overall generation target to reach net zero.
Why is the UK economy poised to tumble into a recession and fall behind Europe, US and even Russia? February 16, 2023 Britain avoided a much-tipped recession at the end of last year. Phew. “However, we are not out of the woods yet,” warned Chancellor Jeremy Hunt after last Friday’s GDP figures from the ONS revealed the economy stagnated at the end of 2022, meaning it narrowly avoided the technical recession definition of two consecutive quarters of [...]
Up and Atom: How the Durham-based digital bank is taking on the high street stalwarts February 16, 2023 Lending, according to Atom Bank boss Mark Mullen, is back in vogue. While it’s a view that might run counter to some of the political disquiet towards Britain’s big high street lenders, for Durham-based digital lender Atom, it’s hard to argue with. The firm has tempted in hordes of customers this year and is on [...]
London is being hollowed out of clever 20-year-olds refusing rent hikes February 16, 2023 Young, talented people are leaving London in flocks because they can't afford the record spike in rents. It risks making the capital a place for the super wealthy only, writes Elena Siniscalco
Sturgeon’s resignation is an admission she would never lead an independent Scotland February 16, 2023 Nicola Sturgeon, like many SNP politicians before her, succumbed to fundamentalism when it came to Scottish independence. This marked her end as first minister, writes Will Cooling
