Kremlin threatens to take control of assets owned by multinationals that exited Russia over Ukraine March 11, 2022 The Kremlin has threatened to take control of assets owned by multinational companies that have pulled out of Russia in response to the country’s invasion of Ukraine. Speaking to President Putin yesterday, Russia’s prime minister Mikhail Mishustin said he had prepared a draft law which would allow the Russian government to take control of assets [...]
Grant Shapps blocks Sadiq Khan’s Cockfosters development proposal March 11, 2022 Transport secretary Grant Shapps announced today he has blocked a development project brought forward by London mayor Sadiq Khan and Transport for London (TfL). Writing to Chipping Barnet’s MP Theresa Villiers Shapps said he refused the application made by TfL to build tower blocks over Cockfosters’ station car park. “It was shocking when Labour councillors [...]
Turning Red review: Another straight-to-streaming Pixar hit March 11, 2022 It hasn’t been a great pandemic for Pixar. Turning Red is the third film to miss cinemas entirely, heading to Disney+ in the wake of the Omicron variant. Like Soul, it seems unfortunate that a film breaking a lot of barriers should miss the big screen, being the first Pixar film to be solely directed [...]
What impact could the US-UK Russian oil ban have on Tesla’s share price? March 11, 2022 The Tesla (NASDAQ: TSLA) share price began 2022 at a near-record $1,200 after record quarterly deliveries of its electric vehicles (EVs). However, rising inflation and Omicron worries saw it fall to $764 by 23 February. Then Russia began its invasion of Ukraine, and Tesla shares rocketed to $880 on 2 March as the implications for oil were [...]
Fintech cash injection from Canadian pension fund reignites calls for UK schemes to ‘step up’ March 11, 2022 A cash injection from one of Canada’s biggest pension funds into a London fintech firm has reignited calls for UK pension funds to “step up” and back British tech today.
Rail workers stage umpteenth strike this weekend over pay and conditions March 11, 2022 Rail workers have announced the latest round of strikes for this weekend. Members of the National Union of Rail Maritime and Transport Workers (RMT) working as cleaners and train conductors on several operators on the West Coast mainline and across London and the south east voted in favour of industrial action over salaries and rosters. [...]
Onlyfans donates £1m in crypto to support Ukraine amid Russia invasion March 11, 2022 Adult video platform Onlyfans has donated millions of pounds in crypto to support Ukraine and plans to send an additional 500 ETH (£993,790).
Stansted’s February recovery exceeds November’s but remains behind pre-Covid levels March 11, 2022 Stansted’s owner MAG Airports has reported the airport’s recovery levels in February have surpassed those registered in November. The group said that after the UK Government removed all travel restrictions under the ‘Living with Covid’ plan, passenger numbers reached 1.15m, a 3190.9 per cent surge compared with the same period last year. Levels, though, remained [...]
War in Ukraine continues to dominate the economic narrative March 11, 2022 For the third week running there is only one subject that dominates the Friday update – the ongoing fallout of the Russian invasion of Ukraine.
Russia sent ‘400 mercenaries’ to kill Ukraine’s President Zelensky March 11, 2022 Vladimir Putin sent more than 400 Russian assassins to kill Ukraine’s democratically elected president Vlodymyr Zelensky – and break up his government. Kyiv was placed under a ‘hard’ curfew for 36-hours last week, after news of the mercenaries reached its government, and its army tried to clamp down on any possible infiltrators. A source close [...]