Ukraine: UK sanctions 370 more Russian and Belarussian nationals March 15, 2022 The UK has sanctioned 370 more Russian and Belarussian nationals as a part of the government’s sanctions, including Vladimir Putin’s close political ally Dmitry Medvedev. The Foreign Office today announced the released the list of the newly sanctioned individuals, which includes 51 oligarchs, with foreign secretary Liz Truss saying “we are holding them to account [...]
Ex-minister: Billions lost in Covid fraud ‘one of biggest cock-ups’ in recent history March 15, 2022 Billions of taxpayer money lost through Covid loan fraud is “one of the most colossal cock-ups in recent government management”, the ex-fraud minister has said. Lord Theodore Agnew told MPs on Westminster’s business committee that he was told to “butt out” by Treasury officials when he tried to crack down on fraudsters taking out Covid [...]
Raab vows to boost legal aid with extra investment of £135m a year March 15, 2022 The UK government has agreed to invest an extra £135m a year into criminal legal aid, in line with recommendations made by the Bellamy report, which said £135m is the minimum investment needed to ensure the UK’s criminal legal aid system continues to function effectively. In a statement, the Ministry of Justice (MoJ) said it [...]
HSBC to permanently shutter 69 bank branches after footfall plummets March 15, 2022 HSBC has announced today it will permanently shutter 69 of its bank branches across the country after the pandemic and the rise of digital banking caused usage to plummet.
Travellers brace for chaos as Network Rail carries 530 upgrades over Easter weekend March 15, 2022 Travellers will need to brace for disruption and chaos next month, as Network Rail announced it will carry out 530 project upgrades over the Easter bank holiday. Even though the company reassured 95 per cent of trains will run as normal, works are expected to impact people’s ability to reach travel hubs such as Gatwick [...]
Wanted down under: Havas snaps up Frontier Australia March 15, 2022 French ad giant Havas Group announced today that it has taken a majority interest in Australia’s leading independent performance marketing agency, Frontier Australia. Frontier Australia will be integrated into Havas Group’s Edge Performance Network (EPN), the largest global performance marketing network. Frontier Australia was founded in 1998 by Neil Hoar, and, through the efforts of [...]
Berkeley snaps up National Grid’s stake in joint venture for over £400m March 15, 2022 Property developer Berkeley has acquired the National Grid’s stake in a realty joint venture for £412.5m. The London-listed house builder snapped up the remaining 50 per cent interest in its St William Homes joint venture, it announced on Tuesday. Rob Perrins, Berkeley’s chief executive said: “The vision of our innovative partnership was to take National [...]
Imperial Brands offloads Russian business following boycott March 15, 2022 Maker of JPS and Winston cigarettes Imperial Brands has said it will offload its Russian operations to a local operator following last week’s announcement that it would be suspending all operations in the country following the Ukraine invasion. The Rizla-owner said that it had begun negotiations to transfer its assets and operations in Russia, and said: “We believe that, in the [...]
EP: 118 Cheltenham Festival – Day 3, Thursday March 15, 2022 The Cheltenham Festival celebrates St. Patrick’s Day on Thursday with both the Ryanair and the Stayers’ Hurdle featuring on another top quality card We are joined on the podcast today by jockey Davy Russell & trainer David Pipe City A.M. racing editor Bill Esdaile previews all the action at Prestbury Park. Hosted by Chris Barnett The Punter [...]
Skyrora unveils UK’s largest rocket testing site as CEO hails Ukrainian colleagues March 15, 2022 Rocket company Skyrora has unveiled the country’s largest rocket engine testing facility, ahead of the first launches from UK soil. It is a major addition to the UK’s space infrastructure, as the country seeks to take a leading position in the second round of the global space race. The Scottish firm will also gain a [...]