Swiss billionaire receives offer to buy Chelsea as Roman Abramovich is pushed to sell Stamford Bridge club quickly March 2, 2022 A Swiss billionaire has been approached to buy Chelsea football club, according to various reports this morning. 86-year-old Hansjorg Wyss reportedly confirmed he is interested in purchasing the Stamford Bridge club from Roman Abramovich, but only in a consortium. Russian-Israeli billionaire Abramovich is understood to want to retain his ownership of Chelsea but that could [...]
London Underground staff ask Londoners to stay away until afternoon with fresh tube strike tomorrow March 2, 2022 London Underground services continued to be disrupted on Wednesday, after a strike by thousands of workers crippled the Tube on Tuesday. Members of the Rail, Maritime and Transport union (RMT) are taking industrial action in a bitter dispute over jobs, pensions and conditions. The Tube was suspended during Tuesday’s rush hour, with only a few [...]
Average UK property almost £30,000 more expensive than a year ago as house prices accelerate March 2, 2022 The average UK house price has topped £260,000 for first time, after surging by nearly £30,000 over the past 12 months. The typical property value reached £260,230 in February, Nationwide Building Society said. In cash terms, the average house price in February was £29,162 higher than a year earlier, the biggest annual cash increase the [...]
Jaguar Land Rover halts all sales to Russia while BMW’s Mini plant ends production due to Ukraine conflict March 2, 2022 Sales by car manufacturer Jaguar Land Rover (JLR) to Russia has been suspended following the invasion of Ukraine. The firm announced that it made the decision due to the “wellbeing” of its workforce and those “within our extended network”. Sanctions imposed on Russia have heavily restricted the ability of companies to sell goods there. JLR, [...]
No more iPhones for Muscovites: Apple pulls all of its products from Russia over Ukraine invasion March 2, 2022 Phone giant Apple said early this morning it has stopped selling iPhones and other popular products in Russia in response to the ongoing conflict in Ukraine. The company is one of the latest major corporations to boycott the country following the invasion ordered by Russian president Vladimir Putin last week. Fellow tech giants Google and [...]
Ukraine war boosts Bitcoin and green stocks as crypto helps Russians and oligarchs to get funds out March 1, 2022 Talks in Belarus between the Ukrainian and Russian committees yesterday were overshadowed by the intensifying military fight in Ukraine. Putin, who seems frustrated with the Ukrainian resistance, and the Westerns sanctions imposed sanctions to the West on his turn by closing its airspace to 36 countries and banning its residents from transferring hard currency abroad. [...]
‘Humanitarian catastrophe’ looming in Ukraine as Russia attacks men, women and children, UK envoy warns March 1, 2022 Ukraine is on the brink of a “humanitarian catastrophe”, Britain’s UN Ambassador Dame Barbara Woodward has warned an emergency meeting of the Security Council. As Russia continues its assault on the eastern European country, Dame Barbara was among those at the UN to accuse the Kremlin of launching “indiscriminate attacks against men, women and children” [...]
Belarus joins invasion of Ukraine as troops cross border while 40 mile long Russian convoy nears Kyiv March 1, 2022 Mad March begins in Moscow: ICC to open war crime probe while Shell pulls $3bn out of Russia and Ukraine applies for EU membership.
‘This city becomes unlivable’ say angry Londoners hit by severe transport disruption due to another tube strike March 1, 2022 Londoners said the capital is “becoming unlivable” as strikes across the Tube network left them travelling for hours to get to work. Transport for London announced that all Underground lines would be suspended today as Tube workers stage industrial action against pay and working conditions. John Rayner, 28, a construction worker who was waiting for [...]
UK home to fourth largest rental market trailing US, Germany and Japan March 1, 2022 When it comes to the total volume of privately rented properties, the UK ranks fourth in the global rankings, with just the United States, Germany and Japan home to more rental homes, according to new research shared with City A.M. this morning. Across the UK there are estimated to be over 29.5m homes within the [...]
