Binance chief executive drops plans to snap up Chelsea FC March 8, 2022 Binance has reportedly ruled out a takeover of football club Chelsea after discussing the proposition last week.
Ukraine: UK bans all Russian oil imports from end of 2022 March 8, 2022 The UK will ban all imports of Russian oil and oil products from the end of this year in response to the invasion of Ukraine, business secretary Kwasi Kwarteng has announced. Kwarteng said the government would provide support to businesses in managing the transition, while also saying that he is “exploring options” in regards to [...]
Former Mishcon de Reya partner fined £17,500 for breaching anti-money laundering laws March 8, 2022 A former partner at London firm Mishcon de Reya has been ordered to pay £21,000 for his role in a money laundering scandal, which in January led to Mishcon being hit with a record £232,500 fine. The Solicitors Regulation Authority (SRA) fined former Mischon partner Michael Nouril £17,500 and told the M&A lawyer he must [...]
Animal Kingdom at Hampstead Theatre is theatre as therapy March 8, 2022 The intimate Hampstead Downstairs is just the setting for the emerging playwright to display their wares – all the more so when the work in question introduces its audience to the very private, innermost space of a family therapy session. From the other side of an imaginary two-way mirror, the audience observes an exposed, unadorned [...]
‘Challenges and difficulties’ remain for Boohoo in fight against unethical supply chain measures March 8, 2022 “Challenges and difficulties” remain at Boohoo, according to Sir Brian Leveson’s final report after the fast fashion firm’s supply chain scandal. The retailer launched a review programme after reports of neglect and underpayment of warehouse workers in Leicester during the Covid lockdown in 2020. Leveson was brought on board to oversee Boohoo’s Agenda For Change [...]
Calls to boycott Coca-Cola, PepsiCo, Pizza Hut and McDonald’s over refusal to quit Russia March 8, 2022 Major international food and drink brands including Coca-Cola, McDonalds, PepsiCo and Pizza Hut have refused to close outlets in Russia – leading to calls for boycotts from campaigners. Companies have faced mounting calls to quit selling their products in Russia following its invasion of Ukraine, as other major international brands such as Apple and Netflix [...]
Ofgem boss: Hike in household energy bills ‘almost inevitable’ March 8, 2022 Ofgem boss Jonathan Brearley has warned a further painful hike in household energy bills is “almost inevitable."
Greggs full-year sales surpass pre-Covid levels as analysts caution price rises March 8, 2022 Greggs full-year sales have surpassed pre-pandemic levels, as the bakery chain restarts its colleague profit-sharing scheme, which will see £16.6m shared with staff. Total sales rose 5.3 per cent to £1.2bn, in comparison with 2019’s figure of £1.1bn, preliminary results for the year to 1 January revealed this morning. It comes as the bakery chain rewards [...]
Taiwan trade moving away from China may bring ‘untapped opportunities’, say analysts March 8, 2022 ING is monitoring whether Taiwan trade is moving away from China, as exports to the mainland have fallen slightly so far this year. “With political tension between mainland China and Taiwan escalating, there are signs that Taiwan exports are gradually moving away from mainland China,” chief economist for Greater China at ING, Iris Pang said today, explaining that exports to the US have increased in the period. Exports and [...]
US ramps up sanctions with plans to ban Russian oil imports March 8, 2022 The US is expected to impose ban on Russian oil imports as it ramps up sanctions following the country's invasion of Ukraine.
