Number 10 ‘open to sale’ of Chelsea – but Abramovich would see none of the cash March 10, 2022 The government is “open to the sale” of Chelsea Football Club, but no cash would go to newly sanctioned Russian oligarch Roman Abramovich. Boris Johnson’s spokesperson today said the Treasury would have to ultimately green light a potential sale of the club, but that “under no circumstances would any sale allow Roman Abramovich to profit [...]
Moscow orders airlines to hold leased planes hostage amid growing sanctions March 10, 2022 The Kremlin today threatened to impound the aircraft leased to Russian airlines, casting doubts over the fate of 780 planes worth a total of $10bn. According to a draft law proposed by the Russian transport ministry, carriers should be required to pay leases in rubles for the whole of 2022, de facto allowing them not [...]
Gas prices hit record levels this month reveals Office for National Statistics March 10, 2022 Gas prices soared 66 per cent in the week up to 6 March 2022 to record levels at 15.5p per kilowatt hour (kWH), according to the ONS.
DLA Piper elects M&A dealmaker Jon Hayes to replace company lifer Andrew Darwin as head of UK arm March 10, 2022 Anglo-American law giant DLA Piper has said M&A lawyer Jon Hayes will take over from DLA veteran Andrew Darwin as the head of DLA’s London partnership. DLA Piper said Hayes, who joined the firm from Linklaters in 2009, had been elected as co-chair of DLA Piper. Hayes will take over from longtime DLA partner Andrew [...]
Netflix hikes subscription prices by £1 as it boosts UK investment March 10, 2022 Netflix has announced it will be increasing its prices for its subscription packages in the UK. The basic and standard plan will both increase by £1 a month to £6.99 and £10.99 respectively, while the premium tier will go up by £2 to £15.99. The US streaming giant has said that these changes will allow [...]
UK defence minister: Russia guilty of war crimes and chemicals weapons use may mean ‘international response’ March 10, 2022 Defence minister James Heappey branded Russia’s attack on a maternity hospital in the Ukrainian city of Mariupol a “war crime”, while warning Moscow that use of chemical weapons may lead to an “international response.” The Tory cabinet minister for the Armed forces made the claims after Vladimir Putin’s army caused destruction in the besieged city [...]
Gen I: social media and crypto behind wave of new British investors March 10, 2022 Social media and crypto has inspired a wave of new investors dubbed 'Gen I' to join the market fresh data has revealed.
Crypto markets lose yesterday’s gains ahead of European interest rate announcement March 10, 2022 Any gains made yesterday have been mostly wiped out overnight, with the price of Bitcoin back at around $39k this morning.
Public willingness must match private money to break the housing deadlock March 10, 2022 ANY Londoner is painfully familiar with the number of rough sleepers. Some spots are focal points for make-shift “camps” of people; for example outside Warren Street station, there are often at least 25 homeless people. During the first year of the pandemic alone, 130,000 households were made homeless. With a cost of living crisis already [...]
UK music industry launches bullying and harassment helpline March 10, 2022 A new helpline that supports those suffering bullying and harassment within the UK music industry has launched today.
