Ukraine’s government writes to Shell, accusing the oil giant of ‘bankrolling Putin’s war with an accounting trick’ April 22, 2022 Ukraine has accused energy giant Shell of continuing to “bankroll Putin’s war machine” buy buying oil through an “accounting trick.” In an angry letter sent to the oil company’s boss, Kyiv branded it “deplorable” that firm was still buying fuel linked to the Kremlin indirectly. According to the Telegraph, despite a commitment to stop purchasing [...]
Insolvencies more than double as rampant inflation and rising interest rates hit firms April 22, 2022 Company insolvencies more than doubled last month as soaring inflation and rising borrowing costs pushed firms over the edge.
Senior lawyers saw their incomes boom during Covid as firms boosted profitability April 22, 2022 Law firm partners saw their incomes increase 8.3 per cent during the pandemic to heights of £825,331 in 2021, on the back of booming demand for legal services. Those working as equity partners in English and Welsh law firms saw their fee incomes rise from £761,981 in 2020 to more than £825,000 the following year, [...]
Top challenger banks exposed to cybercrime, warns city watchdog April 22, 2022 A group of the UK’s top challenger banks have left themselves vulnerable to terrorist financing, money laundering and fraud due to weak financial controls, the city watchdog warned today.
Housing stock running dry triggers market slowdown, new data suggests April 22, 2022 Homes changing hands has drastically slowed since the beginning of the year, with the market running dry of properties, according to the latest data. The number of properties up for sale has plunged a third, compared to stock levels available before the pandemic, research by Savills and data analyst TwentyCi has found. The UK’s property [...]
Boris Johnson: Britain will reopen embassy in Kyiv thanks to ‘extraordinary fortitude’ of Ukrainians April 22, 2022 The Prime Minister has announced the British embassy in Kyiv will be reopening next week. Speaking at a press conference in India, Boris Johnson said: “The extraordinary fortitude and success of Ukrainian people means I can announce we will next week reopen our embassy.” In late February, the foreign ministry announced it would be moving [...]
Wimbledon’s Russia ban: Novak Djokovic, Ukraine’s Elina Svitolina and legend Martina Navratilova question decision April 22, 2022 Tennis stars including Novak Djokovic, Ukraine’s Elina Svitolina, and legendary ex pro Martina Navratilova, have come out against Wimbledon’s ban on Russian and Belarusian players. There was a backlash from the sporting community after SW19 said athletes, including men’s world number two Daniil Medvedev and women’s world number four Aryna Sabalenka of Belarus , cannot [...]
‘Lots of interest’: Boots chief quashes claims £7bn sale stalling April 22, 2022 The head of UK chemist Boots has pushed back against concerns that a desired £7bn sale is facing subdued demand. Walgreens Boots Alliance, the US firm behind Boots, has been eyeing a sale of the chemist, with hopes of a £7bn price tag. However, there have been reports that potential suitors placed a lower price [...]
EP: 126 Sandown & Hong Kong April 22, 2022 Sandown hosts the final day of jumps racing in Britain on Saturday when the champion owner, trainer and jockey ceremonies take place. Trainer Christian Williams has had a brilliant year with his string of horses and he looks to sign off the season with a win in the Bet365 Gold Cup at the Esher track. [...]
Letters: A five star review – if it’s true April 22, 2022 [Re: Fake reviews and ‘subscription traps’ could be illegal under new proposals, April 20] The watchdog is finally baring its teeth on a hugely important issue for consumers that has not been properly addressed for years: fake reviews. A fine of 10 per cent of global turnover for those that fall foul is a big [...]
