Kremlin provides £919.3m for domestic aviation following West sanctions April 2, 2022 The Kremlin announced today it would provide 100bn roubles (£919.3m) to help the Russian domestic aviation market as the sanctions imposed by the West continue to bite. President Putin said in a televised address that domestic flights should become cheaper for Russian and that the share of Russian-made aircraft should increase. Aviation was one of [...]
Passion Capital fires founder following sexual assault charge April 2, 2022 Venture capital Passion Capital has fired its founder tech tycoon Stefan Glaenzer following a sexual assault charge. Funded by the British Business Bank, Passion Capital – which is Monzo’s majority shareholder – severed all ties with the 60-year-old adding it was seeking to stop him from making future profits, the Telegraph reported. “We are in [...]
Moscow halts cooperation on International Space Station over ‘illegal’ sanctions April 2, 2022 The Kremlin announced today it will halt all cooperation on the International Space Space Station after Western countries imposed a blanket of sanctions on Moscow following the Ukraine war’s outbreak. Dmitry Rogozin, head of Russia’s space agency Roscomos, said it will no longer work with partners such as NASA and the European Space Agency as [...]
Not just electric cars: Super SOCO and the rise of e-mopeds April 2, 2022 Electric cars have dominated the discourse around sustainable mobility for some time now. Not only did the UK Government recently pledge to ban the sale of all fuel cars from 2030, but manufacturers have also jumped on the bandwagon and started mass producing electric vehicles. According to data from the Society of Motor Manufacturers and [...]
NatWest examines £3bn bid for Tilney Smith & Williamson April 2, 2022 NatWest is reportedly examining a £3bn takeover proposal for UK wealth management powerhouse Tilney Smith & Williamson. Sources told Sky News the bank – which was rescued by the government in 2008 – is among several bidders who will make a play as the high street lender is expected to go on sale within the [...]
Met Commissioner Dame Cressida Dick’s last day set for 10 April April 2, 2022 The last working day of Dame Cressida Dick will be 10 April, the Met Commissioner announced this morning. Dick agreed to stay until arrangements to find a replace were finalised, with deputy commissioner Sir Steve House to serve as acting commissioner.H “My last working day as Met Commissioner will be 10th April,” she said via [...]
UK impounds another jet with links to Russia April 2, 2022 The UK has impounded another jet linked to Russia and prevented it from flying, transport secretary Grant Shapps announced today. “This morning I’ve prevented the use of another jet that has links to Russian oligarchs,” Shapps tweeted. “We won’t stand by and watch those who’ve made millions through Putin’s patronage live their lives in peace [...]
Ferry passengers at Dover face disruption as queues multiply due to bad weather April 2, 2022 Passengers at Dover are facing disruption as queues on ferry services multiply due to the bad weather. “Due to adverse weather conditions, we are currently experiencing delays on all of our crossings,” said ferry operator DFDS via Twitter. “To our customers already checked in at our ports, please proceed as normal. On your arrival at [...]
UK to build thousands more wind turbines under government’s energy strategy April 2, 2022 The UK Government is reportedly looking into building thousands of new wind turbines to improve Britain’s energy independence. Officials are working on plans to increase onshore wind capacity from from the current 15GW to 30GW and 45GW by 2030 and 2035 respectively, the Telegraph reported. Under the new plan, around 7,000 more turbines will be [...]
Business of Space: Not only doing the hard things, but the ‘right thing’ April 2, 2022 This week Blue Origin creates six more astronauts SpaceX teams up with OneWeb Seraphim Space piles into Pixxel Blue Origin: Space tourists aplenty Jeff Bezos’ Blue Origin successfully completed its fourth tourist flight to space on Thursday, marking the increasing accessibility of space – to the few that can afford it. Bezos, who made his [...]
