Ukraine invasion ‘will definitely accelerate the EU’s progress towards net zero,’ says analyst March 3, 2022 Russia’s invasion of Ukraine has put pressure on Europe’s energy grid, as it imposes sanctions on its largest oil and gas supplier. Europe is the largest home for Russian crude oil, with around 53 per cent of it ending up on the continent, according to the latest research by ING’s head of commodities strategy Warren [...]
British human rights lawyer flees Hong Kong after meeting with national security police March 3, 2022 A British human rights lawyer has left Hong Kong after being ordered to meet with the city-state’s National Security police. British barrister Paul Harris, the former head of the Hong Kong Bar Association, got on a flight to Turkey, after attending an interview with Hong Kong police officers over alleged violations of Hong Kong’s national [...]
Used car prices continue to grow but record trend expected to stabilise March 3, 2022 The average price of a second hand car in the UK has continued to grow, reaching in February a record 31.9 per cent year-on-year and like-for-like increase. Even though it marks the 23rd consecutive record month of growth, the 0.6 per cent raise is the lowest increase registered since April 2021. According to Auto Trader’s [...]
Bank of England gives website and logo face-lift in ‘inclusion’ drive March 3, 2022 The Bank of England has given its website and logo a fresh lick of paint, it announced today. A new typeface on the central bank’s website is designed to make it easier for people with dyslexia to read. The Bank has also tweaked its logo to be more “inclusive”. “The Bank of England has been [...]
M&C Saatchi extends ‘put up or shut up’ bid deadline once again as Murria eyes ad giant March 3, 2022 Takeover talks for M&C Saatchi have been extended once again as serial tech entrepreneur Vin Murria continues to eye up the ad giant. Stockmarket regulations had initially told Murria’s investment vehicle AdvancedAdvT to “put up or shut up” by 5pm today after an initial extension was granted at the start of February. However, it was [...]
UK crypto industry urged to close ‘loopholes’ that let Russia avoid sanctions March 3, 2022 Unregulated crypto firms in the UK are facing calls to close 'loopholes' which allow Russians to evade sanctions.
ONS: Nearly all Brits pinched by cost of living squeeze March 3, 2022 Almost all Brits are feeling the pinch of the cost of living squeeze, causing them to cut back on spending, reveals official figures released today. Over eight in 10 households have noticed an uptick in their cost of living, up five percentage points over the last week, according to the Office for National Statistics (ONS). [...]
Fashion retailers Boohoo and ASOS suspend sales to Russia in solidarity with Ukraine as M&S suspends shipments March 3, 2022 Fast fashion retailer Boohoo has become the latest firm to announce it has suspended sales of clothes to Russia. The Manchester-based e-commerce business joins brands such as Asos and Next, as well as designer names such as Burberry, in making a stand. In a update published on the London Stock Exchange, Boohoo said it was [...]
World’s largest low-carbon refuelling HGV station opens in UK March 3, 2022 The world’s largest low-carbon refuelling station for HGV has finally opened its doors in Avonmouth, near Bristol. The site, which opened today, is expected to refuel up to 80 HGVs per hour, using renewable bio methane to cut around 70,000 tonnes of CO2 emissions per year from HGVs. The station, installed and operated by bio [...]
IAEA: Iran’s near weapons-grade uranium reaches over 15 times its 2015 nuclear deal limit March 3, 2022 Iran’s stockpile of enriched uranium, which nears weapons-grade, is more than 15 times the limit set out in the 2015 nuclear deal, according to the UN’s nuclear watchdog. The country’s stock includes 33.2 kg of uranium enriched to up to 60 per cent purity, the report seen by Reuters said, an increase of 15.5 kg. [...]
